{
  "id": 3456709,
  "title": "CBN to sell N700 billion Treasury Bills today in second August auction",
  "url": "https://urgent.news/2026/08/26/cbn-to-sell-n700-billion-treasury-bills-today-in-second-august-auction",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T07:33:13.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/26/cbn-to-sell-n700-billion-treasury-bills-today-in-second-august-auction/"
  },
  "original_language": "en",
  "account": "The Central Bank of Nigeria (CBN) will auction N700 billion in Treasury Bills (NTB) on Wednesday, August 26, 2026, marking the second August auction of the month. The NTB offer comprises N100 billion for the 91-day bill, N100 billion for the 182-day bill, and N500 billion for the 364-day bill. The auction will be conducted through the Dutch auction process, with All Money Market Dealers submitting bids between 8:00 a.m. and 11:00 a.m. via the CBN S4 Web Interface. Authorized Money Market Dealers may submit multiple bids on their own or on behalf of others, while non-Money Market Dealers and the public can also participate. The auction results are anticipated to be announced on the same day, with allotment letters issued on Thursday, August 27, 2026. Payment for successful bids must be made to the CBN by 11:00 a.m. on that day. The CBN can reject bids or alter the amount offered based on prevailing market conditions. This second August auction follows a month with one cancellation and one unusually successful sale, where the 364-day bill received N4.19 trillion in bids for its N500 billion offer, more than eight times oversubscribed. The CBN raised the one-year stop rate by 24 basis points to 17.59% from 17.35% during this auction, while the 91-day and 182-day bills maintained yields of 16.30% and 16.50%, respectively. The previous August 12 auction allocated approximately N1.456 trillion against its N700 billion offer, indicating the final cumulative figure for August may exceed N2 trillion. Analysts anticipate the CBN will initiate rate cuts at its September Monetary Policy Committee meeting.",
  "summary": "The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors in the second and final Treasury Bills (NTB) auction for August 2026. The post CBN to sell N700 billion Treasury Bills today in second August auction appeared first on Nairametrics .",
  "key_points": [
    "CBN auctions N700 billion in Treasury Bills on August 26, 2026",
    "NTB sale follows successful previous auction with N4.19 trillion bids"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}