Nigerian OMO, Treasury Bills Yield Balances Around 25%

On Wednesday, the average yield on Open Market Operations (OMO) bills and Nigerian Treasury bills combined to yield almost 25% each in the secondary market. This came about as a result of sharp selloffs in the market for Treasury bills. Conversely, there has been minimal trade in the OMO bill market. Investors anticipate a rate … Continue reading Nigerian OMO, Treasury Bills Yield Balances Around 25%