MPC Wednesday – The Monetary Policy Committee (MPC) of the Central Bank met yesterday. The MPC decided to retain the Central Bank Rate (CBR) at 10.50% as it was noted that inflation remained within the CBK’s target range and that the impact of the tightening of monetary policy in June 2023 was still transmitting in the economy. Attached is the MPC statement in full for your perusal. Below is a snapshot of what is at play for your consideration in the secondary space. Happy hunting!
Attached are the bond positions available today, the MPC Statement and the bond auction prospectus for October 2023.