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CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise

CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise
Photo: Nairametrics · view original

The Central Bank of Nigeria (CBN) sold N2.628 trillion in Open Market Operations (OMO) bills at its October 22, 2026 auction, exceeding its initial N2 trillion offer by N628.52 billion, or 31.43%, as stop rates increased across both tenors, signaling resumption of rates increase. The post CBN sel...

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