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THE BANK OF SIERRA LEONE ANNOUNCES THE RESULTS OF THE  TREASURY BILLS AUCTION HELD ON THURSDAY, NOVEMBER  16TH, 2017 AS FOLLOWS:-
 
91-DAYS

182-DAYS

364-DAYS

AMOUNT ISSUED (LE. Mn)

443.15

101.95

105,891.80

HIGHEST BID PRICE (%)

97.40

96.00

82.00

LOWEST BID PRICE (%)

97.30

94.60

81.20

LOWEST ACCEPTED PRICE (%)

97.30

94.60

81.20

AVERAGE DISCOUNT PRICE (%)

97.31

95.78

81.42

ANNUAL YIELD (%)

11.58

9.04

22.90
DETAILS OF NEXT OFFER OF GOVERNMENT SECURITIES WILL BE AS FOLLOWS:
MATURITY PERIOD   ISSUE DATE   MATURITY DATE AMOUNT (LE)   AMOUNT IN WORDS


91-Days


23-Nov-2017


22-Feb-2018


2,337,250,000
Two Billion, Three Hundred and Thirty Seven Million, Two Hundred and Fifty Thousand Leones.


182-Days


23-Nov-2017


24-May-2018


1,339,000,000
One Billion, Three Hundred and Thirty Nine Million, Leones.


364-Days


23-Nov-2017



22-Nov-2018


95,253,350,000
Ninety Five Billion, Two Hundred and Fifty Three Million, Three Hundred and Fifty Thousand Leones.
BIDS SHOULD BE SUBMITTED TO THE BANK OF SIERRA LEONE NOT LATER THAN 4:00PM ON WEDNESDAY NOVEMBER 22, 2017 FOR TREASURY BILLS. MEMBERS OF THE GENERAL PUBLIC WHO MAY WISH TO INVEST SHOULD APPLY THROUGH ANY COMMERCIAL BANK OR DISCOUNT HOUSE IN THE COUNTRY BEFORE THE SUBMISSION DATE. BIDS CAN BE SUBMITTED FOR A MINIMUM OF LE 50,000 AND IN MULTIPLES OF LE 50,000 FOR HIGHER AMOUNTS.

PARTICIPANTS ARE HOWEVER INFORMED THAT BASED ON THE DISCRETION OF THE AUCTION COMMITTEE, THE AUCTION SIZE CAN BE INCREASED OR DECREASED BY TEN PERCENT.
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