Markets
CBN sells N2.63 trillion OMO bills as banks chase yield and safety
The October 23 auction was oversubscribed by N629 billion, showing abundant banking-system liquidity even as stop rates climbed.
Amaka Obi4 min read
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3 results for “OMO bills”
Markets
CBN sells N2.63 trillion OMO bills as banks chase higher stop rates
The CBN sold N629 billion more OMO paper than offered, showing abundant bank liquidity and a tightening bias that could keep credit costly.
Adaeze Okonkwo4 min read
Finance
CBN offers N2trn OMO bills as banks park over N6trn at deposit window
The Central Bank of Nigeria offered N2 trillion in OMO bills on October 22 as commercial banks continued to hold more than N6 trillion at the standing deposit facility.
Musa Abdullahi5 min read