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OMO Bills Attract N3.56tn as Fixed-income Turnover Hits N7.37tn

Nume Ekeghe Open Market Operations (OMO) bills accounted for almost half of transactions in Nigeria’s fixed-income market in the first five trading days of November, attracting N3.56 trillion as total

  • OMO bills attracted N3.56tn in trades, 48.3% of N7.37tn turnover
  • 766 trades recorded for OMO bills, followed by FGN bonds with 702 trades
  • Sukuk securities had lowest turnover with N13.85bn from 8 transactions

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