Nigeria rejects most bids as 364-day Treasury bill rate edges higher
The Debt Management Office accepted about a quarter of subscriptions, while the 364-day stop rate rose by 0.05 percentage points.
- Publish date: 2026-10-17
- Category: Standards & Policy
- Original source: The Punch
- Reading time: 1 min read
At the 14 October Treasury-bill auction, investors bid ₦1.032 trillion against a ₦450 billion offer. The Debt Management Office allotted ₦269.06 billion, accepting about 26.1% of total subscriptions.
The 364-day stop rate rose to 15.90% from 15.85% at the 7 October auction. That tenor attracted ₦982.21 billion in bids and received a ₦220 billion allotment against a ₦350 billion offer. The 91-day and 182-day bills were allotted at unchanged stop rates of 15.50% and 15.80%, respectively.