Investors shun mid-tenor instruments as CBN sells N1.9trn OMO bills

The Central Bank of Nigeria (CBN) sold N1.9 trillion successful Open Market Operations (OMO) bills astatine the latest OMO auction, with capitalist request reaching N2.2 trillion, acold exceeding the N600 cardinal offered. The auction besides showed weaker involvement successful mid-tenor instruments, with request concentrated astatine the abbreviated and longer ends of the curve. Breakdown of […]

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