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Treasury Bills are short term government debt instruments issued by the CBN. This is one of the several ways the government raises funds. The CBN also uses treasury bills to control money supply in the economy.
Treasury Bills are sold every other Wednesday (bi-weekly) as announced by the CBN. The CBN announces issuances on their website and in the pages of the Newspaper. This information can also be found on the DMO’s (Debt Management Office) website.