Dear Esteemed Client,
We are pleased to inform you that the Central Bank of Nigeria (CBN) is scheduled to conduct a Treasury Bills (T-Bills) Primary Market Auction (PMA) on Wednesday, December 4, 2024. At this auction, existing T-Bills amounting to ₦583.25 billion will mature and be rolled over as follows:
₦7.86 billion in the 91-day instrument
₦12.27 billion in the 182-day instrument
₦563.12 billion in the 364-day instrument
This presents an excellent opportunity for you to diversify your portfolio or reinvest maturing funds into risk-free government securities.