THUR OCT 22 2026-theGBJournal| Nigeria’s fixed-income market delivered a mixed performance on Wednesday as Federal Government bonds and Eurobonds recorded modest yield declines, while Treasury bills came under mild selling pressure.
In the money market, liquidity contracted to a net positive ₦7.26 trillion, pushing the overnight rate up by four basis points to 20.34%.
The Overnight (O/N) rate increased by 4bps, closing at 20.34%. Open Repo rate and Nigerian Overnight Financing Rate (NOFR) remained unchanged at 20.00%.
The FGN bond market closed In the green after a muted performance in the previous session. Overall, average yield decreased by 4bps, settling at 16.39% compared to 16.42% previous session.
Meanwhile, the Nigerian Treasury Bills (NTB) ended its bullish streak as negative sentiment drove mild sell pressure across most bills.
With that, average yield increased marginally, to close at 17.81% from 17.80% in the previous session.
Elsewhere, the Nigerian Eurobond performance strengthened across the curve, as average yield decreased by 1bps, settling at 7.47% compared to 7.48% at the previous session.
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