Treasury, OMO Bills Yields Balances After Undersubscribed CBN Auctions

Due to erratic secondary market activity, the average yield on Nigerian Treasury notes cleared lower, at around 22%. OMO bill yields increased as a result of selloffs and the CBN’s pause on rate changes. Traders reported massive sell-offs of the 17-day to maturity bill at the start of the week in the secondary market. As … Continue reading Treasury, OMO Bills Yields Balances After Undersubscribed CBN Auctions