The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management exercise.
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Showing posts with label N1trn. Show all posts
Showing posts with label N1trn. Show all posts
Monday, March 04, 2024
Investors oversubscribe CBN N1trn OMO bills - ITREALMS
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The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management exercise.
The CBN offered N500 billion at the Open Market Operations (OMO) auction and oversubscribed, selling N1.053 trillion, with 79 per cent of the total bids, or the equivalent of US$530 million, coming from foreign investors.
The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management exercise.
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