Interbank rates fell as liquidity in the financial system was boosted by bullet payments from maturing OMO bills and inflows from Federal Government of Nigeria (FGN) bond coupons. The market saw a substantial inflow of N86 billion from FGN bond coupons, in addition to further inflows from OMO bills. This increased liquidity in the money … Continue reading Interbank Rates Drop as ‘Bullet Payments’ Enhance Liquidity