What to make of the new OMO market, By Uddin Ifeanyi

Premium Times Nigeria 31 Aug Nigeria

Far more consequential would be that on the back of its ability to raise funds relatively cheaply through security market issuances, government may by means of these windows absorb savings that might otherwise finance private investment. This is the notorious “crowding out” effect that public sector borrowing is supposed to have on the private sector […] The post What to make of the new OMO

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