Browsing: OMO

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…

CBN Cuts Rate on Mid Tenor Bills at Open Market Operations With the expectation to partially refinance its maturing instruments,…

CBN Returns N1.2trn from OMO, TBills Bids, Cuts Rates Nigeria’s attractive short-term investment options continue to attract local and foreign…

Yield on Nigerian Treasury Bills Falls ahead of Rebase Data

At an interest rate which reflects the current market dynamics, investors wanted more Nigeria’s OMO bills but the Central Bank of Nigeria (CBN) sold to match

The average yield on Nigerian Treasury bills climbed as investors dumped more naira assets in the secondary market ahead of inflation data.