Nigeria’s Treasury bill yields fell across the board at an auction on Wednesday, compared with a previous sale on March 4, the Central Bank of Nigeria (CBN) said Thursday.
The bank said it sold a total of around N167 billion ($840 million) of debt, less than the N447.81 billion worth of bids submitted by investors. Bids at the last auction stood at N318.58 billion.
It sold N33.87 billion worth of the 91-day note at 10.79 percent, broadly flat against the 10.8 percent fetched at the previous auction.
The 182-day bond worth N50.27 billion was sold at 14.7 percent, against 14.85 percent previously, the central bank added.
The bank said a total of N83 billion worth of the 1-year note attracted 15.35 percent compared with 15.89 percent at the previous auction.
