The Central Bank of Nigeria (CBN) is scheduled to hold a Primary Market Auction for Nigerian Treasury Bills on the 11th of August 2021. Existing bills worth NGN51.50bn will mature, and the CBN is expected to auction bills worth NGN51.50bn, across all tenors.
We advise rates with the dual purpose of achieving the best possible yields and ensuring the success of the bid. The recommended stop rates for the respective instruments are listed below.