Share

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

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.