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MarketNews
Nigeria’s Debt Management Office (DMO) is set to offer N1.10 trillion worth of FGN bond maturities at the primary market auction on Monday.
The average yield on Nigerian government treasury bills increased as fixed-income market investors rebalanced their portfolios ahead of the inflation rate announcement.
Money market rates tightened amid a surplus of liquidity in the financial system, despite a significant outflow related to the settlement of auctioned OMOs and Treasury bills.
Yield on Nigerian Treasury Bills Falls Ahead of Auction The average yield on Nigerian Treasury…
DMO Priced Down Rate on Nigerian Bond as Auction Underperforms The Debt Management Office, DMO,…
In the money market, the short term benchmark interest rates declined due to strong inflows that reduce liquidity pressures in the banking system. Hence, the Nigerian Interbank Offered R
Interbank Rates Diverge as Bonds Inflows Reduce Banking Deficit The interbank rates or the short-term…
Zenith Bank Climbs by 5% to N1.967 Trillion Zenith Bank Plc climbed by 5.04% in…
GTCO Rises by 6.53% to N2.116 Trillion Guaranty Trust Holding Company (GTCO) Plc. attracted investors’…