Federal government plans to issue N138.16 billion ($695 million) worth of Treasury bills at an auction on October 21, with maturities range between 3-month and 1-year, the Central Bank of Nigeria, CBN, said on Wednesday.
The CBN said in a public notice that it will issue N36.78 billion worth in the 3-month paper, N35 billion in the 6-month debt and N66.38 billion in the 1-year note.
The debt will be issued using the Dutch Auction System and the result is expected the following day.

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