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MarketNews
The Nigerian money market rates closed mixed on Wednesday as financial system liquidity declined by 38% on the day due to the settlement of the OMO bills auction.
The Central Bank of Nigeria (CBN) further chopped the discount rate on Nigerian Treasury bills
The Central Bank of Nigeria (CBN) floated an OMO bill auction totalling N600 billion across three tenors on Tuesday amidst excess liquidity in the financial system.
Liquidity: Interbank Rates Decline in Absence of Funding Pressure In the money market, liquidity levels…
The average yield on Nigerian Treasury bills (NTB) declined a basis points to 25.5% ahead of primary market auction (PMA) on Wednesday.
Rates Decline as Investors Double Down on CBN OMO Bills Investors doubled down on OMO…
Interbank Rates Increase despite OMO Repayment, CRR Refund Interbank rates increased sharply due to funding…
Bond Yield Clears at 19.78% on Subdued Trading The Nigerian government bonds experienced minimal activities…
Foreign portfolio investors, or FPIs, increased their bets on Nigerian U.S. dollar bonds in the international market amidst elevated yields…
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