CBN scheduled to roll over 208bn worth treasury bills

CBN

The Central Bank of Nigeria(CBN) is scheduled to roll over maturing bills worth N208bn through the Primary Market Auction across the 91-day (N24.4bn), 182-day (N38.8bn) and 364-day (N145.5bn) tenors. The CBN is also expected to mop up excess liquidity via Open Market Operation auctions this week. Analysts at Afrinvest Securities Limited said the treasury bills secondary market might sustain its bearish run as investors took a position in the PMA offer and potential OMO offerings at more attractive yields. Last

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