Browsing: Financial Market
The short-term benchmark interest rates mixed as a huge OMO bill debit strained liquidity conditions in the money market. The outflow pushed funding costs higher at the close of business on Thursday.
CBN OMO Bills Auction Attracts N5.9 trillion in Subscription The Central Bank of Nigeria (CBN) open market operation (OMO bills)…
The Central Bank of Nigeria (CBN) rejected subscriptions totalling N4.9 trillion staked on OMO bills by the eligible market participants at the auction conducted on Tuesday.
After Spot Rates Hike, DMO Reopens 7, 10-Year Bonds for Sale After the spot rates hike in December, the Debt…
Nigerian, Angolan, and Egyptian sovereign Eurobonds rallied in the international capital market, supported by enhanced optimism among foreign portfolio investors (FPIs).
CBN Sells N2.6tn OMO Bill to Investors at 19.39% for 245-Day The Central Bank of Nigeria (CBN) floated an open…
Investors Take Profit on Nigerian OMO, Treasury Bills OMO Bills Yield rose by 76 basis points (bps) as the market…
African Eurobond Yields Fall as Oil-Linked Issuers Rebound Recovering from seller market conditions, the African Eurobond yields dipped in the…
Nigerian Bonds Yield Surges over Subdued Investors’ Appetite Investors lost appetite for Nigerian government bonds in the secondary market ahead…
Nigerian Bonds Yield Rises as Investors Book Profit The average yield on Nigerian government bonds rose in the secondary market…