Tag: omo auction
The Central Bank of Nigeria offered N350 billion in an Open Market Operations (OMO) auction today. As we await the results of today's OMO auction in Nigeria’s money market, Emmanuel Odiaka, Fixed Income and Forex Analyst joins CNBC Africa for more.
Traders expect the Central Bank of Nigeria (CBN) to conduct an Open Market Operations (OMO) Auction this week due to anticipated inflows. To discuss this and for a focus on Nigeria’s money market, Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa.
The Central Bank of Nigeria (CBN) has offered N110bn across three tenors in an OMO Auction today. For a focus on Nigeria’s money market, Fixed Income Analyst at Axa Mansard, Great-David Oluwasipe joins CNBC Africa.
Traders say Wednesday's Primary Market Auction (PMA) closed relatively strong, as players say they expect sentiments today to be weak in anticipation of an Open Market Operations (OMO) auction today. Taiye Owonubi, Senior Portfolio Manager at AXA Mansard joins CNBC Africa for more.
The Federal Open Market Committee is expected to announce its interest decision today. What will a dovish or hawkish FED decision mean for the market? Meanwhile traders say the absence of OMO auction in Nigeria’s money market since last week has left a heavy demand on the long end of the curve. Nkechi Ezugha, Forex Trader at UBA joins CNBC Africa for a mid-week review of Nigeria’s fixed income and forex market.