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MarketNews
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The Nigerian fixed-income market closed positive on Thursday as strong local demand for government borrowing
Nigerian Treasury bill yields declined across the short, belly, and long durations as the fixed income market continues to accumulate positions in naira assets.
The overnight lending rate has decreased by 2 basis points as excess liquidity in the financial system continues to ease interbank borrowing pressures.
The average yield on Nigerian government bonds declined in the secondary market as investors increased their bets in the local debt capital market.
Trading activity in the Nigerian Treasury bills (NTB) secondary market was mildly positive…
Interbank funding rates diverge amid surplus liquidity in the financial system, reflecting the absence of significant pressure in the money market.