CBN Apex bank to generate N150.6bn with treasury bills sale

The sale will take place this month, according to a Thursday, May 7, 2015, posting on the bank’s website.

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CBN Governor, Godwin Emefiele play

CBN Governor, Godwin Emefiele

(Bella Naija)
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The Central Bank of Nigeria (CBN) is set to raise N150.60 billion from the sale of treasury bills.

The sale will take place this month, according to a Thursday, May 7, 2015, posting on the bank’s website.

The CBN added that the total bills would be sold in three categories, with different percentage of yields.

N45.17 billion out of the total bills will be sold in three-month bills, with 10.09 per cent yield while N23.43 billion worth of six-month bills will also be sold at 12.89 per cent.

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