WATCH THE VIDEO HERE The Federal Government of Nigeria, through the Central Bank of Nigeria (CBN), has released the results of its Treasury Bills (T-Bills) auction conducted on February 5, 2025. The auction, which featured three tenors 91-day, 182-day, and 364-day witnessed a strong investor appetite, particularly for the one-year instrument, which saw subscriptions surpassing N3.1 trillion. Auction Breakdown and Results 91-Day Treasury Bills 182-Day Treasury Bills 364-Day Treasury Bills Total subscription is N3,218,032,117,000. The total allotment is N670,000,000,000. Key Takeaways from the Auction More insights The CBN issued N2.2 trillion worth of maturing Nigerian Treasury Bills (NTBs) in the fourth quarter of 2024. The re-issuance program is part of the government’s ongoing efforts to manage liquidity, sustain the financial market, and maintain economic stability.