Browsing: Bonds

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

The average yield on Nigeria’s US dollar bonds rose marginally as foreign investors trimmed their position amidst uncertainties in the local economy. The market

Benchmark yield on Nigerian government bonds steadied at 17.25% due to cold trading activities in the secondary market

The Nigeria Debt Management Office (DMO) plans to raise N2.5 trillion today from FGN bond sales from the capital market. 

The benchmark yield on Nigerian government bonds rose as fixed income investors in the secondary market sold down naira assets in reaction to the negative