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Financial Market
The Debt Management Office (DMO) hikes rates on Federal Government of Nigeria (FGN) bonds
DMO Hikes Spot Rates on 7-Year, 10-Year FGN Bonds The Debt Management Office (DMO) raised…
The Nigerian government bondholders maintained hold on the naira assets, keeping the benchmark yield steadied. The average yield remained unchanged at 15.73% as the market shifted to a cautious mood.
The Central Bank of Nigeria (CBN) cut interest rates on Nigerian Treasury bills across the 182- and 364-day tenors at the midweek auction, according to details from the results release.
The average yield on Nigerian Treasury bills surged to 17.71% in the secondary market amid selloffs following a slowdown in the nation’s headline inflation rate in February 2026.
The Nigerian Eurobonds segment ended negatively, with average yields rising 4bps to 7.25%, reflecting reduced demand and cautious sentiment among global investors.
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.