Nigeria Treasury Bill Demand Falls 58% as Investors Shift to Higher-Yielding OMO Bills After CBN Rate Cut
Nigeria Treasury Bill Demand Falls 58% as Investors Shift to Higher-Yielding OMO Bills After CBN Rate Cut Investors pulled back sharply from Nigerian Treasury bills at the October 7 primary market auction, choosing instead to put their money into the Central Bank of Nigeria’s Open Market Operations (OMO) bills, which pay noticeably more. A post-auction … Read more