Nigeria to raise 120.5 bln naira in Treasury bills next week

June 17, 2015 10:27 AM

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LAGOS, June 17 Nigeria plans to sell 120.52 billion naira ($606 million) of 3-month, 6-month and 1-year Treasury bills on June 24, the central bank said on Wednesday.

The bank said in a statement it would sell 31.19 billion naira worth of the 3-month paper, 39.33 billion naira of the 6-month bill and 50 billion naira in the 1-year debt next week, using the Dutch auction System.

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