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 N42,057,310,000 , N60,000,000,000 and N82,219,063,000 respectively would be issued by DUTCH AUCTION on Thursday, February 7th, 2013.
All Money Market Dealers should submit bids through the CBN TEMENOS INTERNET BANKING between 9.00am and 11:00am on Wednesday, February 6th, 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, February 6th, 2013. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, February 7th, 2013, while payment for successful bids should be made to your account with the Central Bank of Nigeria not later than 11:00am on Thursday, January 7th, 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 Treasury Bills.
GOVERNMENT SECURITIES OFFICE.
CENTRAL BANK OF NIGERIA, ABUJA, NIGERIA.