Posted by Chinyere on Wed 03rd Apr, 2013 - nigeriantenders.com
Notice is hereby given by the Central Bank of Nigeria on behalf of DMO that the Federal Government of Nigeria Treasury Bills of 91,182 and 364-day tenors amounting to N20,159,210,000, N43,490,874,000 and N120,000,000,000, respectively would be issued by Dutch auction on Thursday April 11, 2013.
All Money Market Dealers should submit bids through the CBN TEMENOS INTERNET BANKING between 9.00a.m and 11.00a.m, on Wednesday, April 10, 2013.
Each bid must be in multiple of N1,000 subject to a minimum of N10,000. Authorized Money Market Dealers are allowed to submit multiple bids. A bid may be 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 11.30 am. on Wednesday, April 10, 2013. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, April 11, 2013, while payment for the successful bids should be made to your account with Central Bank of Nigeria
11.00a.m on Thursday, April 11, 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