CBN to Auction N800 Billion in Treasury Bills Today

On November 4, 2026, the Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will auction N800 billion in Nigerian Treasury Bills (NTBs) as maturing securities surpass N872 billion. The auction will feature 91-day, 182-day, and 364-day instruments, with the one-year bill representing the largest portion.

The offer includes N100 billion each for the 91-day and 182-day Treasury Bills and N600 billion for the 364-day instrument. Money Market Dealers must submit bids via the CBN S4 WEB INTERFACE between 8:00 a.m. and 11:00 a.m. on the auction day, with allotment letters issued to successful bidders on November 5.

If fully allotted, repayments will exceed new issuances by N72.546 billion. The auction follows previous sales where most investor bids were unallotted, indicating a cautious approach by the DMO to limit allotments amid substantial banking-system liquidity.