Posted by Chinyere on Wed 27th Feb, 2013 - nigeriantenders.com
Notice is hereby given by the Central Bank of Nigeria on behalf of DM0 that the Federal Government of Nigeria Treasury Bills of 91,182 and 364-day tenors amounting to NG2,970,708,000, N40,000,000,000 and N67,119,374,000 respectively would be issued by Dutch auction on Thursday, March 07, 2013.
All Money Market Dealers should submit bids through the CBN TEMENOS INTERNET BANKING between 9.00a.m and 11.00 a.m. on Wednesday, March 06, 2013.
Each fid must be in multiple of N1,000 subject to a minimum of Ni 0,000. Authorized Money Market Dealers are allowed to submit multiple bids. A bid may te for authorized Money Market Dealers own account, Non - Money Market Dealers or interested members of the public. The result of the auction would be announced by 1t30 a.m. on Wednesday, March 06,2013. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, January 10, 2013, while payment for successful bids should be made to your account with the Central Bank of Nigeria not later than 11.00 a.m. on Thursday, March 07, 2013.
The Bank reserves the right to vary the amount on offer in line with market realities prevailing as at the period of auction of the Nigerian Treasury bills.
Government Securities Office
Central Bank of Nigeria