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MarketForces Finance
Nigeria Eurobonds Yield Climbs as Inflation Shifts Sentiment Nigeria’s Eurobond prices declined in the international market as foreign portfolio investors and other holders offloaded…
Investors’ whetted appetites dragged the average yield on Nigerian Treasury bills down by 15 basis points, according to a market update released by Afrinvest Securities Limited.
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 average yield on Nigerian Treasury bills (NTB) dipped to 18.18% amidst subdued trading activities in the secondary market
CBN Allots N2.1 Trillion OMO Bills to Banks, FPIs at 17.25% The Central Bank of…
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.
The Nigerian local currency, the naira, broke the FX rate barrier at the official window, trading below N1,400 per dollar
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…