Nigerian Treasury Bills Oversubscribed by N204.7bn

By November 9, 2019 Investment News

The Nigerian Treasury Bills auctioned on Wednesday was oversubscribed by N204.7bn, the Debt Management Office revealed in its auction result on Wednesday.

A total of N133.97bn was offered comprising  N10bn (91-day tenor), N17.6bn (182-day tenor), and N106.37bn (364-day tenor).

It recorded a total subscription of N338.17bn comprising N10.39bn (91-day tenor), N19.59bn (182-day tenor), and N308.19bn (364-day tenor).

The same amount of N133.97bn offered was allotted.

Source: Punch