CBN raised N8.14 trillion in T-Bills auctions, 40.34% above N5.8 trillion Q3 target
The Central Bank of Nigeria (CBN) allotted approximately N8.14 trillion across eight Nigerian Treasury Bills (NTB) auctions between July and September 2026, about 40.34% more than the N5.8 trillion targeted for the third quarter (Q3). The post CBN raised N8.14 trillion in T-Bills auctions, 40.34% above N5.8 trillion Q3 target appeared first on Nairametrics .
Between July and September 2026, the Central Bank of Nigeria (CBN) conducted eight Nigerian Treasury Bills (NTB) auctions, raising approximately N8.14 trillion. This amount exceeded the N5.8 trillion target set for the third quarter (Q3), representing a 40.34% increase. The CBN's auctions were heavily driven by demand for the 364-day bill, which saw its stop rate decline significantly during the quarter.
The highest stop rate reached was 17.70% on July 8, but by September 23, it had decreased to 15.89%, marking a 181 basis point decline. The Debt Management Office (DMO) and CBN aimed to issue N5.8 trillion in gross NTB issuance in Q3, and this target was surpassed.
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