Nigeria's leading finance and market intelligence news report.

High demand for OMO bills as yields top 10%

Demand for OMO bills remains high in Nigeria with investors offering to buy more than five times the amount of securities sold at Thursday’s auction. In that auction, investors offered to buy 5.2 times the amount of securities sold, with yields of 10.1%. Treasury bills with similar maturities offer about half those returns as the…

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