Browsing: PFA

Investors Exiting Positions in Bond Market Provoke Yield Surge With sustained risk-off sentiment, local investors exiting positions in the Nigerian…

The benchmark yield on Nigerian government bonds retraced as asset managers, and local deposit money banks with surging liquidity parked their free cash into debt papers.

Fixed interest income investors increased their respective bets on Nigerian Treasury bills in the secondary market ahead of the midweek auction.

PenCom Stops PFAs from Investing in Commercial Papers The National Pension Commission (PenCom) has directed Licensed Pension Fund Administrators (LPFAs)…

Investors increased bets on Nigerian OMO bills in the secondary market amidst rising interest rates on Naira assets. 

Fixed interest securities investors trimmed interest in Nigerian government bonds in their portfolios to align with their investment appetite amidst fast changing market dynamics and a widening real return on naira assets.

Pension Fund Administrators (PFAs) have bolstered their government bond holdings amidst a shrinking negative

Due to selling pressures, the yield on Nigeria’s 30-year bonds rose to 15.26% with buckets of debt papers …

In the secondary market, the average yield on Federal Government of Nigeria bonds spiked by 64 basis points as investors sold

The average yield on Federal Government of Nigeria (FGN) bonds spike on Thursday as fund managers