Header and navigation menu

Page content

CBN allots N3.854 trillion in OMO auction, exceeding original offer by N2.354 trillion

The Central Bank of Nigeria (CBN) allotted N3.854 trillion at its Open Market Operations (OMO) auction on November 10, 2026, exceeding its initial N1.50 trillion offer by N2.354 trillion as investors showed strong preference for longer-dated securities. The auction results published by the apex bank showed that investors submitted N4.069 trillion in bids, representing a bid-to-cover ratio of 2.71 times the advertised offer. [...]