Nigeria plans to auction treasury bills worth N149.27 billion at its regular debt auction next week, the central bank has. The regulator said it would sell N49.27 billion in 91-day paper and N50 billion each in 182-day treasury bills and 364-day bills on Wednesday, using the Dutch auction system. “Each bid must be in multiples of 1,000 naira subject to a minimum of 10,000,” the central bank said in a public notice. Nigeria, issues treasury bills regularly as part of measures to reduce money supply, curb inflation and help lenders manage their liquidity.
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