Nigeria’s Eurobonds Yield Shrinks as African Issuers Rally

Julius AlagbeMay 7, 20260

The Eurobonds market mirrored this positivity, as average yields retreated 7bps to 6.72%, underscoring strong global investor interest and an increasingly favourable outlook toward Nigeria’s dollar-denominated sovereign obligation

CBN Targets N700bn Raise from Nigerian Treasury Bills Auction

Julius AlagbeMay 6, 20260

The Central Bank of Nigeria (CBN) is scheduled to conduct the first Treasury Bill auction for the month on May 6, 2026, according to a financial market circular released.

Nigeria Treasury Bills Yield Rises 13bps on Sell Orders

Olu AnisereApril 27, 20260

Nigeria Treasury Bills Yield Rises 13bps on Sell Orders The average yield on Nigerian Treasury bills rose by 13 basis…

Kenya Raised KES 24.35bn from Treasury Bills Auction

Julius AlagbeApril 13, 20260

Kenya raised KES 24.35 billion from Treasury bill allotment at its weekly primary market auction last week. The weekly Treasury bills auction was oversubscribed, recording a subscription rate of 102.3%, with total bids of KES 24.55 billion against an offer of KES 24.00 billion.

Benchmark Yield on Nigerian Bonds Rises 10bps

Olu AnisereApril 12, 20260

The benchmark yield on Nigerian government bonds increased by 10 basis points week on week in the secondary market, reflecting investors’ risk-off sentiment in the debt instruments.

South African Rand Holds Well Against US Dollar, Euro, GBP

Julius AlagbeApril 9, 20260

The South African Rand is holding up well against major crosses, including the US dollar, Euro and British Pound (GBP), following yesterday’s rally, First National Bank (FNB) said in its daily market insight on Thursday.