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Investing In CBNs' Open Market Operations (OMO) In Nigeria - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentInvesting In CBNs' Open Market Operations (OMO) In Nigeria (2127 Views)

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Investing In CBNs' Open Market Operations (OMO) In Nigeria by kennyzboy(op): 6:51pm On Jun 21, 2015
Hello house as earlier requested by Nairalander- 00Pro in the Treasury Bills thread,

Please can anyone provide any useful information regarding CBNs Open Market Operations.

1. How do these instruments work?

2. Can Individuals purchase these securities utilizing instructions sent to their banks? (same method with Treasury Bill auctions)

3. What is the minimum requirement amounts?

4. When are the offer dates (schedule of upcoming auctions)

5. Is interest paid upfront or at maturity?

Thanks in anticipation of your candid responses, have a blessed Sunday.
Re: Investing In CBNs' Open Market Operations (OMO) In Nigeria by yomi007k(m): 6:56pm On Jun 21, 2015
**** Here to Learn****
Re: Investing In CBNs' Open Market Operations (OMO) In Nigeria by kennyzboy(op): 11:21am On Jun 22, 2015
yomi007k:
**** Here to Learn****
Yeah! I'm here to learn too.
smiley wink
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