THUR OCT 30 2025-theGBJournal| The Nigeria fixed income market yields rose on Thursday as market traded on bearish note amid sustained demand for instruments.
At the NTB secondary market the average yield expanded by 4bps to 17.4%.
Across the curve, the average yield contracted at the short (-1bp) and mid (-1bps) segments, driven by the demand for the 84DTM (-1bp) and 175DTM (-1bp) bills, respectively, but it expanded at the long (+9bps) end due to the sell-off of the 322DTM (+89bps) bill.
Similarly, the average yield expanded by 11bps to 22.1% in the OMO segment.
Activities in the Treasury bond secondary market was also bearish, as the average yield expanded by 1bp to 15.8%.
Across the benchmark curve, the average yield contracted at the short (-5bps) end, driven by buying interest in the JUL-2030 (-19bps) bond, but expanded at the mid (+12bps) segment due to profit taking on the JUN-2033 (+42bps) bond. The average yield remained unchanged at the long end.
The overnight lending rate remained unchanged at 24.84%.
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