2008-09-15 | TED-FEM-FPC-GEN-01-097-08

Amendment of the Provisions of the Circular Ref. No. TED/FEMGEN/01/022 dated February 21, 2007 in respect of investment in the Nigerian Treasury Bills (NTB) and Federal Government Bonds (FGN Bonds) by Foreign Investors

This communication from the Central Bank of Nigeria (CBN) amends a previous circular regarding investments in Nigerian Treasury Bills (NTBs) and Federal Government Bonds (FGN Bonds) by foreign investors. The update allows foreign investors who invested in these securities for at least one year to discount their holdings before maturity and either transfer them to another local or foreign investor, with specific conditions outlined.

Nigeria

Central Bank of Nigeria

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