CBN Sells OMO Bills At 25.99% Stop Rate
The Central Bank of Nigeria (CBN) on Thursday sold N897.2 billion worth of open market operation (OMO) bills, offering investors stop rates as high as 25.99%, auction results showed. The sale, conducted across two maturities, came after more than N1 trillion in inflows lifted market liquidity into surplus. The CBN offered N600 billion split between … Continue reading CBN Sells OMO Bills At 25.99% Stop Rate
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