BondsMedium•4 November 2026•
1 min read
Nigeria DMO Holds T-Bill Rates Steady Despite N2.04 Trillion Subscription Demand
Key Facts
1The Nigerian Debt Management Office maintained T-bill stop rates at 15.40%, 15.79%, and 15.80% for the 91-day, 182-day, and 364-day tenors.
2The DMO raised N509.40 billion from the auction following subscriptions of N2.04 trillion against an N800 billion offer.
3The Central Bank of Nigeria allotted N2.95 trillion in an OMO auction to manage banking system liquidity.
The Nigerian Debt Management Office (DMO) maintained T-bill stop rates at 15.40%, 15.79%, and 15.80% for the 91-day, 182-day, and 364-day tenors respectively on November 4, 2026. Business News Nigeria reported that the DMO raised N509.40 billion from the auction after receiving total subscriptions of N2.04 trillion against an initial N800 billion offer.
The Central Bank of Nigeria (CBN) simultaneously allotted N2.95 trillion in an Open Market Operations (OMO) auction to manage banking system liquidity. This coordinated effort to stabilize debt costs occurred alongside active liquidity management.