CBN OMO Auction Attracts Heavy Subscriptions, Investors Secure 26.50% Yield

The Central Bank of Nigeria (CBN) on Tuesday conducted a fresh round of Open Market Operation (OMO) auctions, offering bills worth ₦400 billion to both foreign portfolio investors and local deposit money banks. According to details from the apex bank, the bills carried a maturity period of 84 days and were introduced to mop up … Continue reading CBN OMO Auction Attracts Heavy Subscriptions, Investors Secure 26.50% Yield