JUST IN: At last, Emefiele appears before Reps panel
Godwin Emefiele, CBN governor

Adebayo Obajemu

Figures obtained from the Debt Management Office showed that the Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N131.72bn.

A total of N33.84bn was offered which cuts across 91-day, 182-day and 364-day tenors. Total subscription of N165.56 billion was recorded, implying an over subscription of N131.72 billion.

A total of N4.38bn was offered on the 91-day; N12.92bn for the 182-day tenor, and N16.54bn was offered on the 364-day tenor respectively.

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