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Investors oversubscribe CBN N1trn OMO bills

By
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On 4th March 2024
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At 7:39 am
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In News
21 Views

Tribune Online
Investors oversubscribe CBN N1trn OMO bills

Management of the Central Bank of Nigeria (CBN) has expressed optimism that its monetary policy measures were beginning to yield positive results, offering 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. […]

Investors oversubscribe CBN N1trn OMO bills
Tribune Online

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