CBN Sells OMO Bills To Investors At 21.80%

The Central Bank of Nigeria (CBN) launched September 2024 with another open market operation, offering investors N500 million in OMO notes. One-year OMO bills decreased by 7 basis points at the auction, closing at 21.80%, down from 21.87% the previous week. Last week, the CBN sold N1.63 trillion in OMO notes to investors, primarily deposit … Continue reading CBN Sells OMO Bills To Investors At 21.80%