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