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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
The Nigerian Overnight Rate (NOFR) steadied as the banking system’s surplus liquidity narrowed following the settlement of the April bond auction.
Nigerian Overnight Financing Rate Steady on Liquidity Surplus The liquidity surplus in the financial system…
Banks’ placement at the Central Bank of Nigeria (CBN) standing deposit facility (SLF) and additional inflows from expired OMO bills kept money market liquidity in surplus.,
CBN to Auction Nigerian Treasury Bills Totalling N750bn The Central Bank of Nigeria (CBN) is…
The money market rates closed on a mixed note, as deposit money banks’ placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window were offset by some operators borrowing.
The Central Bank of Nigeria (CBN) sliced spot rate on Nigerian Treasury bills (NTB) with 182-day and 364-day tenors, reflecting the authority’s move to reduce borrowing costs.