Update 2 of 4

CBN OMO Bills Draw N4.93 Trillion in Bids at 20% Yield

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaAug 15, 2026

Nigeria's Central Bank has attracted N4.93 trillion in bids for Open Market Operations bills at a 20 percent yield, demonstrating immediate and substantial investor appetite following the CBN's decision to reopen the OMO instrument to retail participants for the first time in seven years. The demand scale reflects the tight liquidity and high-yield environment shaping Nigeria's financial markets.

1 source

Investors chase CBN’s 20% OMO yield with N4.93 trillion bids · nairametrics.com · T2

Story timeline · 4 entries

Aug 19, 2026
CBN OMO Rules Support Rate Hold
New analysis ties CBN's updated OMO rules to an expected monetary policy rate hold, extending the OMO retail investor reopening story from August 18.
Aug 18, 2026
CBN OMO Opens to Retail
New explainer details how retail investors can access CBN's OMO instrument following the reopening that drew N4.93 trillion in initial bids.
Aug 15, 2026This story
CBN OMO Bills Massively Oversubscribed
N4.93T in OMO bids at 20% yield shows immediate and massive investor response to CBN's reopening of the retail OMO market
Aug 14, 2026
CBN Reopens OMO to Retail Investors
Nigeria's Central Bank has reopened its Open Market Operations instrument to retail investors after a seven-year hiatus, a significant monetary policy shift CBN officials link to the need to absorb excess liquidity ahead of anticipated election-related spending. The move represents one of the most consequential changes to Nigerian monetary transmission in nearly a decade.