{"id":19318,"date":"2020-06-05T08:54:30","date_gmt":"2020-06-05T08:54:30","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=19318"},"modified":"2020-06-05T08:56:26","modified_gmt":"2020-06-05T08:56:26","slug":"cbn-plans-n822bn-treasury-bills-sales-in-q3","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=19318","title":{"rendered":"CBN plans N822bn treasury bills sales in Q3"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/i3.wp.com\/www.ripplesnigeria.com\/wp-content\/uploads\/2018\/08\/Emefiele-1.jpg\" alt=\"CBN orders banks to pay N10,000 for every failed transaction\" width=\"473\" height=\"247\"\/><\/figure>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/www.ripplesnigeria.com\/tag\/CBN\/\">Central Bank of Nigeria (CBN)<\/a>&nbsp;will auction treasury bills worth N821.797 billion with varying tenors in the third quarter of this year, its issue programme released on Thursday has revealed.<\/p>\n\n\n\n<p>Essentially short-term investment securities issued by a government to finance national borrowing requirements, treasury bills often mature in one year and, in Nigeria\u2019s case, sold at N1,000 per unit.<\/p>\n\n\n\n<p>Treasury bills estimated at N109.65 billion will be issued by the central bank for a 91-day tenor while those maturing in 182 days are valued at N149.44 billion.<\/p>\n\n\n\n<p>The third category totalling N562.71 billion has a tenor of 364 days.<\/p>\n\n\n\n<p>N105.6 billion worth of treasury bills, made up of N3.8 billion bills maturing in 91 days, N6.5 billion bills falling due in 182 days, and N95.3 billion bills with a tenor of 364 days are scheduled for June.<\/p>\n\n\n\n<p>The July programme amounts to N461.9 billion with N65.7 billion worth of 91-day bills, N101.19 billion worth of 182-day bills and N295 billion worth of 364-day bills.<\/p>\n\n\n\n<p>The apex plan proposes to sell treasury bills estimated at N254.38 billion in August. it is divided into 91-day bills totalling N40.15 billion, 182-day bills worth N41.75 billion and 384-day bills valued at N172.48 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;Central Bank of Nigeria (CBN)&nbsp;will auction treasury bills worth N821.797 billion with varying tenors in the third quarter of this year, its issue programme released on Thursday has revealed. Essentially short-term investment securities issued by a government to finance national borrowing requirements, treasury bills often mature in one year and, in Nigeria\u2019s case, sold at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_mi_skip_tracking":false},"categories":[21,35],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBN plans N822bn treasury bills sales in Q3 &raquo; WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=19318\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=19318#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=21\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"CBN plans N822bn treasury bills sales in Q3\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CBN plans N822bn treasury bills sales in Q3 &raquo; WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=19318","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=19318#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Economy","item":"https:\/\/watchdogplusmedia.com\/?cat=21"},{"@type":"ListItem","position":3,"name":"CBN plans N822bn treasury bills sales in Q3"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=21\" rel=\"category\">Economy<\/a> <a href=\"https:\/\/watchdogplusmedia.com\/?cat=35\" rel=\"category\">Finance<\/a>","rttpg_excerpt":"The&nbsp;Central Bank of Nigeria (CBN)&nbsp;will auction treasury bills worth N821.797 billion with varying tenors in the third quarter of this year, its issue programme released on Thursday has revealed. Essentially short-term investment securities issued by a government to finance national borrowing requirements, treasury bills often mature in one year and, in Nigeria\u2019s case, sold at&hellip;","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/19318"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19318"}],"version-history":[{"count":-3,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/19318\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}