Browsing: Fixed Income Market

Interbank rates was stuck at low single digits yesterday in the money market due to buoyant system liquidity.

OMO Maturities Lift Liquidity, DMO Plans ₦114bn Bond Auction.

Liquidity will offset Inflationary pressures in Bond Market –Analysts…

Plunge Yields: Investors Will Continue to Discount Inflation Data…

Price Instability: CBN Projects 14.15% Inflation Rate for 2020. The Central Bank of Nigeria (CBN) said it is expecting inflation rate to hover around 13.97% and 14.15% by December 2020, a wide gap from its single-digit inflation targeting of 6% to 9%.

Bond Market Investors Raise Position on Short-term Instruments. Amidst uncertainties in the economy, investors remained largely bullish in the bond market but with record interest in short-term instruments.

Yields Drop as DMO Roll over 87% of Maturing Bills. Again, in the just concluded week yields on Treasury Bills declined due to surplus liquidity and the recently published fourth quarter of 2020 Nigerian Treasury Bills (NTB) auction calendar.

Market Temperature Rises as CBN Floats OMO Auction Again The money market records retail foreign exchange auction pressure on funding…

Rising Inflation, Plunged Yields Ruffle Investors, Analysts. Average yield on instruments in the fixed income market are below the nation’s inflation rate, thus turning real returns negative for investors.

FMDQ Securities Exchange posts ₦11.78 trillion turnover in May. FMDQ Securities Exchange has posted a turnover of ₦11.78 trillion in fixed income and currency (FIC) markets in May, 2020.