Posted by Ugochukwu on Wed 15th Oct, 2014 - 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 N34, 888,896,000 N30, 000,000,000 and N31, 385,900,000 respectively would be issued by Dutch auction on Thursday, October 23rd, 2014.
Tender Notice at Central Bank of Nigeria on Behalf of Dmo Nigerian Treasury Bills
All Money Market Dealers should submit bids through CBN S4 WEB INTERFACE between 9.00a.m and 11.00 a.m. on Wednesday, October 22nd, 2014.
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 aucton would be announced by 11.30 a.m. on Wednesday, October 22nd, 2014.
Closing Date:
23rd October 2014
Submission
Allotment letters would be issued for successful bids on Thursday, October 23rd, 2014 while payment for the successful bids should be made to your account with Central Bank of Nigeria not later than 11.00am on Thursday, October 23rd, 2014.
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
Abuja.