diff --git a/ompi/mca/mtl/ofi/mtl_ofi.h b/ompi/mca/mtl/ofi/mtl_ofi.h
index 0baae4eb08..f5e4133925 100644
--- a/ompi/mca/mtl/ofi/mtl_ofi.h
+++ b/ompi/mca/mtl/ofi/mtl_ofi.h
@@ -137,6 +137,17 @@ ompi_mtl_ofi_context_progress(int ctxt_id)
                             &error,
                             0);
         if (0 > ret) {
+            /*
+             * In multi-threaded scenarios, any thread that attempts to read
+             * a CQ when there's a pending error CQ entry gets an
+             * -FI_EAVAIL. Without any serialization here (which is okay,
+             * since libfabric will protect access to critical CQ objects),
+             * all threads proceed to read from the error CQ, but only one
+             * thread fetches the entry while others get -FI_EAGAIN
+             * indicating an empty queue, which is not erroneous.
+             */
+            if (ret == -FI_EAGAIN)
+                return count;
             opal_output(0, "%s:%d: Error returned from fi_cq_readerr: %s(%zd).\n"
                            "*** The Open MPI OFI MTL is aborting the MPI job (via exit(3)).\n",
                            __FILE__, __LINE__, fi_strerror(-ret), ret);