CBN Auctions OMO Bills To Investors At 24.36% Interest Rate

At Thursday’s primary market auction, the Central Bank of Nigeria (CBN) sold OMO bills to investors at a spot rate of 24.36%. At the OMO auction, the CBN offered ₦500 billion in conventional maturities: 96-day, 194-day, and 362-day notes. CardinalStone Securities Limited reported minimal demand, with only ₦252.90 billion offered for the longest-dated product in … Continue reading CBN Auctions OMO Bills To Investors At 24.36% Interest Rate