The report noted that the DMO allotted N929.32 billion during the bond auction, further withdrawing liquidity from the financial system even as the CBN maintained its liquidity management operations. Despite the liquidity squeeze, the market is expected to receive fresh inflows estimated at N2.56 trillion this week. OMO maturities account for about 85 per cent of the expected inflows, underscoring the CBN’s dominant role in determining short-term market liquidity. Meanwhile, sentiment remained positive in the fixed-income market following the successful FGN bond auction. The bond auction itself recorded strong investor appetite, with subscriptions reaching about N1.74 trillion against N1.20 trillion offered.