Browsing: Bonds

As the interest rate hike altered investors’ moods on Nigerian government bonds, the benchmark yield accelerated …

The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion for subscription at N1,000 per

Nigerian Bond Yield Falls Below 19% as Market Rallies The benchmark yield on the Federal Government of Nigeria (FGN) bond…

Investors Bet on Nigerian Bond as Debt Office Tightens Supply As investors take a bet on the naira assets, the…

Benchmark yield on Nigerian government bonds climbed to 18.83% as fixed interest securities investors offloaded naira assets in the secondary market. Buying

Nigeria’s sovereign Eurobonds experienced positive trading activity in the international market, which caused yield to decline by 7 basis points. Foreign investors logged fresh demand for Nigeria’s US dollar, causing the average yield to decline by 0.07% to 9.91%, according to Cowry Asset Management Limited.

Nigerian US dollar bonds, or sovereign Eurobonds, came under selling pressure on the global market amidst expectations that the US Fed could cut fund rates in the third quarter of 2024

Foreign investors trimmed their interest in Nigeria Eurobond in the market midweek amidst uncertainties in the global economy. Nigeria is facing turbulent time as key macroeconomic indicators continue to cast doubts on effectiveness of government policy in about a year.

The US dollar or foreign currency-denominated bonds were sold by Nigeria’s debt management office

After the Debt Management Office’s (DMO) recent primary market auction (PMA) on Monday, the average yield on Nigerian government bond