CBN to Offer N1.15 Trillion Treasury Bills Amid Investor Demand and Market Volatility

The Central Bank of Nigeria (CBN) is set to offer N1.15 trillion in Treasury Bills as investors prepare for the auction. Market analysts anticipate significant demand despite recent market volatility.

The auction will feature standard 91-day, 182-day, and 364-day Treasury Bills. Data from the secondary market shows mixed investor sentiment, with cautious trading due to inflation expectations.

AIICO Capital Limited noted a slight increase in benchmark discount rates. The first Treasury Bill auction of 2026 saw high demand, with a total subscription of N1.54 trillion against the N1.15 trillion offer.

CBN increased stop rates across tenors, continuing a trend from the previous quarter.