NBE’s first-ever Open Market Operations auction was successfully held today, following the announcement of a new Monetary Policy Framework earlier this week.
The auction, which was a liquidity absorbing exercise, attracted 16 bidders at the offered National Bank Rate (NBR) of 15 percent and collected cumulative bids of Birr 19.970 Billion.
The next OMO auction will be held in two weeks time on July 25, 2024.
AUTHORIZATION FOR COMMERCIAL BANKS TO ISSUE EXPORT PERMITS FOR EXPORTS TO THE PEOPLE’S REPUBLIC OF CHINA
26 May 2026 | Addis Ababa, Ethiopia It is recalled
