Nigeria to Issue ₦67.4B in T-bills

Nigeria plans to raise 67.45 billion naira ($338.94 million) by selling Treasury bills with maturities of three and six months on Dec. 24, the central bank said on Wednesday.

The bank said it will issue 28.12 billion naira worth of three-month paper and 39.33 billion naira of six-month, using the Dutch Auction System.

The result of the auction is expected the following day.

myfinancialintelligence.com