Nigeria Plans to Raise N1.22 Trillion in Treasury Bills in Q1 2015

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Friday it plans to raise about N1.22 trillion ($6.61 billion) in treasury bills in the first quarter (Q1) of 2015.

According to the CBN in an issuance calendar, it plans to issue N230.88 billion naira worth of 3-month treasury bills, 291.53 billion of 6-month paper and 700.56 billion in one year notes between December, 18 2014 to March 5, 2015.

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