T-Bills yields rise as CBN mops up N553bn

PUBLISHED: Fri, 05 Oct 2018 14:10:06 GMT

The Central Bank of Nigeria conducted its first OMO auction in two weeks on Thursday, offering 400 billion naira. The auction witnessed an aggressive mop-up of about 553 billion naira from the system by the CBN. Olawale Hamed, Currency Trader with UBA joins CNBC Africa for a weekly wrap of the fixed income and forex markets.


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