Nigeria’s fixed income market witnessed a sharp pivot as treasury and OMO bills recorded a significant rally, triggering a widespread decline in yields amid new Open Market Operation (OMO) auction announcements by the Central Bank of Nigeria (CBN). The apex bank moved aggressively to sterilize excess liquidity, targeting N600 billion through two mid-tenor OMO offerings. … Continue reading Investor Rush Sparks Yield Dip As Nigerian Treasury And OMO Bills Surge