OMO Auction: CBN shocks market with stop rates at 10-month highs
The Central Bank of Nigeria shocked the markets with higher stop rates with an average of about 467 basis points at Thursday’s OMO auction. Stop rates across the three tenors reached levels last seen in about 10 months. Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa for more.
Fri, 05 Feb 2021 11:50:11 GMT