Browsing: OMO
The Central Bank of Nigeria (CBN) conducted an auction for N600 billion in OMO bills on Monday as part of its strategy to reduce excess liquidity in the financial system.
Money Market Liquidity Hits N6trn as CBN Refuses OMO Bids The liquidity level in the financial system surged to N6.12…
The financial system liquidity has been plunged into negative following a huge OMO bills auction settlement, and absence of significant inflows to weather the storm.
OMO, T-Bills Yields Fall Over Rising Demand for Naira Assets Nigerian Treasury papers and OMO bills yields declined in the…
OMO, Treasury Bills Yields Drop as Investors Increase Bets Average yields declined as investors increased bets on Nigerian OMO and…
Open Market Operation Drives Rates Surge in Money Market The money market rates edged higher after the Central Bank of…
CBN Raises N1.5trn from OMO Bills at Interest Rate of 23.87% The Central Bank of Nigeria (CBN) raised N1.5 trillion…
OMO Outflow Tightens Liquidity, Pushes Money Market Rates to 30% Money market rates hovered around the 30% level as open…
Nigerian Treasury, OMO Bills Rally as Supply Tightens This week, trading commenced positively in the secondary market for Treasury Bills…
OMO, Treasury Bills Yields Fall Ahead of Q3 Borrowing Plan OMO and Nigerian Treasury bills yields fell apiece in the…