Browsing: Auction

With expectation of a slowdown in bond supply, investors ramped up the Federal Government of Nigeria (FGN) in the secondary market ahead of the auction on Monday.

The average on Nigerian Treasury bills increased in the secondary market as investors continued to dump the short term borrowing instruments. Investors’ moods swung due to sustained spot rates decline at the primary market.

CBN Uses $876m to Buy Naira at Dutch FX Auction With the aim of promoting price discovery in the currency…

The Central Bank of Nigeria (CBN) hiked spot rate on one year treasury bills instrument sold to investors by 18 basis points at the primary market auction (PMA) last week. The latest uptick in spot rate is in contrast to pattern seen in the recent past with successive price down at the long dated treasury bills issuance.

Interest Rate on 1-Year OMO Bill Drops by 10bps The interest rate offered on one-year open market operations (OMO bills)…

As investors took lost bids to secondary market, the average yield on Nigerian Treasury bills declined moderately

The average yield on Nigerian Treasury bills (NTB) jerked down, reversing the selling rallies

Ahead of the Central Bank of Nigeria (CBN) primary market auction (PMA), bearish trading activities on Nigerian

Trading activities on Nigerian treasury bills (NTB) ended on a quiet note in the secondary market

Nigeria’s Debt Management Office has raised more than N368 billion from the Federal Government’s primary market bonds