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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
Risk-off sentiment in the debt market lifted Nigerian government bond yields as investors continue to optimise their portfolio returns.
Nigerian deposit money banks (DMBs) ‘ total loan portfolio growth is projected to increase by about 20%
Nigeria raised about N19 trillion from Treasury bills and local bonds in six months across primary market auctions
The Central Bank of Nigeria (CBN) floated an additional OMO bill auction at the primary market to mop up excess liquidity in the financial system.
The Central Bank of Nigeria (CBN) floated OMO bills totalling N600 billion for investors’ subscription
Trading activity in Federal Government of Nigeria (FGN) bonds was bearish, as investors trimmed holdings across the curve in the secondary market amid repricing at the Debt Management Office (DMO) auction for the month.