The Financial Market Dealers Association (FMDA) has disclosed on its website that the Central Bank of Nigeria (CBN) has sold treasury bills worth N227.91 billion this week.
FMDA said that five categories of treasury bills were sold at the last biweekly auctions.
It said the auctions included the Open Market Operation (OMO) which comprised the 139-day and 128-day tenor bills.
FMDA said that N59.53 billion worth of 139-day bills were sold, while N110.8 billion worth of 128-day treasury bills were sold.
The 139-day and 128-day tenor bills had yield rates of 13.32 per cent and 13.03 per cent, respectively.
It also said that the 91-day, 182-day and 364-day tenor bills were auctioned at the Primary Market Auction (PMA)
FMDA added that; “the three bills – the 91-day, 182-day and 364-day tenor bills were worth N25.65 billion, N31.25 billion and N50.68 billion, respectively.
“They traded at yield rates of 9.20 per cent, 12.45 per cent and 14.30 per cent, respectively.”