Tender Notice by the Central Bank of Nigeria on Behalf of DMO Nigerian Treasury Bills, Abuja

Tender Notice by the Central Bank of Nigeria on Behalf of DMO Nigerian Treasury Bills, Abuja


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 N22,970,708,000, N30,00,000,000, and N71 ,326, 138,000, respectively would be issued by Dutch auction on Thursday, 5th December, 2013.

Submission:
All Money Market Dealers should submit bids through the CBN TEMENOS Internet Banking between 9.00a.m and 11.00 am. On Wednesday, 4th December, 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, 4th December, 2013. The Bank reserves the right to reject any bid.

Closing date:
5th December, 2013
Time: 11:00am


Issuing of Bids:
Allotment letters would be issued for successful bids on Thursday, December 05, 2013.

Method of Payment:
Payment for the successful bids should be made to your account with Central Bank of Nigeria.

Note that:

• 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.