LAGOS – The Central Bank of Nigeria (CBN) says it will issue new treasury bills worth of N 995.5 billion (five billion dollars) as from March 19.
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The CBN, on its debt issuance calendar on Friday in Lagos, said that the bills would have tenors of between three-month and one year maturities.
According to CBN, a total of N202.25 billion of the three-month and a total of N236.81 billion worth of the six-month maturities will be issued during the period.
“A total of N556.46 billion worth of the one-year paper will also be sold during the period,” the bank said.
The bank said a total of N945.5 billion worth of treasury bills issued earlier would be due for repayment during the same period. (Reuters/NAN)