Posted by Chinyere on Mon 07th Jan, 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 N35,159,210,000, N50,403,146,000 and N80,845,406,000 respectively would be issued by Dutch auction on Thursday, January 10, 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, January 9, 2013.
Each bid must be in multiple of Ni 1000 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 a.m. on Wednesday, January 9, 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
11.00 am, on Thursday, January 10, 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