Nigeria sells 153 bln naira in T-bills, yields mixed

 Nigeria sold 153.92 billion naira ($941.41 million) in treasury bills this week with maturities ranging between three months and one year, the central bank said on Friday.

CBN Gov, Sanusi

   There was 22.97 billion naira worth of 91-day paper sold at 10.9 percent, compared with 11.09 percent at the previous auction on Aug. 21, central bank data showed.
   The regulator sold 40 billion naira in the 182-day debt note at 12.34 percent, slightly higher than the 12.25 percent at the last auction on Aug. 21.
   A total of 90 billion naira in the 364-day debt was sold at 12.59 percent, against 13.08 percent it attracted at the July 8 auction.
   Demand for the one-year paper exceeded the supply offered by the central bank with buyers seeking 259.56 billion naira in subscription, dealers said.
   Yields on Nigeria's local debt have fallen in recent weeks due to buying pressure from local fund managers.
   Demand at the auction stood at 378.22 billion, compared with 147.94 billion naira demanded at the previous auction.