CBN raises N15.3tn from treasury bills to bridge budget deficit

The Central Bank of Nigeria has raised N15.3 trillion through low-risk Nigerian treasury bills in 2025 to help bridge the country's budget deficit.

In a move to address Nigeria's budget shortfall, the Central Bank of Nigeria (CBN) has successfully raised N15.3 trillion from low-risk Nigerian treasury bills during 2025. This financial strategy aims to provide essential funding for government expenditures amid ongoing economic challenges. Treasury bills, known for their safety and short-term nature, serve as a reliable instrument for mobilizing domestic resources without high risks. The initiative underscores the CBN's role in stabilizing the economy by supporting fiscal needs through secure borrowing mechanisms.

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Illustration of a Treasury debt auction scene with officials, bidders, and financial charts symbolizing economic measures.
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Treasury seeks to renew nearly $15 trillion in debt in key auction

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The Finance Secretariat called an auction to renew nearly $15 trillion in debt on November 26. The Central Bank cut interest rates to 20% TNA and eased bank reserve requirements to encourage bond purchases. These steps aim to absorb liquidity, extend maturities, and boost economic activity.

The Central Bank of Egypt (CBE) received bids worth $1.141 billion in its latest US dollar-denominated local Treasury bill auction, exceeding the offered amount of $950 million, according to data published on the bank’s official website. The 364-day Treasury bills, offered on Monday and maturing on 2 February 2027, drew 26 bids.

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Egypt's Ministry of Finance has announced eight treasury bill and bond tenders worth a total of EGP 190bn this week, as part of its ongoing financing plan. The offerings include four treasury bills totaling EGP 160bn and four bonds amounting to EGP 30bn.

Nigeria’s economic outlook gains support from rising global oil prices and stronger foreign exchange inflows, which are boosting the naira.

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Fidelity Bank has successfully raised N259 billion through a private placement, exceeding the N500 billion capital requirement set by regulators.

The Colombian government set a debt quota of $152.25 trillion to finance part of the 2026 General National Budget, according to a Ministry of Finance decree. This amount, lower than in 2025, accounts for four points of GDP and is split between treasury bonds and temporary operations.

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The Ministry of Finance held an auction of Treasury Titles (TES) worth 450 billion pesos, denominated in Real Value Units (UVR), maturing in 2031, 2041, 2055, and 2062. The Comptroller General backed the operation, confirming its legality and that it does not create new debt, while President Gustavo Petro defended the move to manage government liquidity.

 

 

 

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