Tag: Bonds

SAT 19 JUNE, 2021-theGBJournal- The Treasury bonds secondary market turned bullish, as the average yield declined by 27bps to 12.0%. We attribute the drop to...

TUE 04 MAY, 2021-theGBJournal- Activities in the domestic bourse kicked off the week and month in the bear territory, as investors’ sell-offs of WAPCO...

SAT 17 APRIL, 2021-theGBJournal-The Treasury bonds secondary market remained bearish, as investors reacted to another uptick in inflation (see the macros section) and stayed...

…Naira appreciates at the I&E window by 0.1% to NGN410.50/USD WED 14 APRIL, 2021-theGBJournal-The Nigerian equities market recorded its first gain this week, as buying...

SAT 20 MARCH, 2021-theGBJournal- The overnight (OVN) rate expanded by 11.33ppts, w/w, to 25.5% as outflows for CRR debits, FX auctions, OMO auction (NGN60.00...

TUE 16 MARCH, 2021-theGBJournal- The naira depreciated by 0.2% to NGN409.75/USD at the I&E window but remained flat at NGN485.00/USD in the parallel market. The...

MON 08 MARCH, 2021-theGBJournal- The local bourse started the week on a positive note, with the market snapping four-day consecutive days of decline, as...

SAT 06 MARCH, 2021-theGBJournal-In line with our expectations, the overnight (OVN) rate expanded by 10.00ppts w/w, to 16.3%, as debits for CRR and CBN’s...

…Liquid Telecommunications bond offering is 4th recent digital and telecommunications financing by PIDG company Emerging Africa Infrastructure Fund “Growing Africa’s digital infrastructure is a key...

WED 17 FEB, 2021-theGBJournal-Profit taking continued today in the domestic equities market, with BUACEMENT (-1.8%), GUINNESS (-3.4%) and ACCESS (-1.8%) stocks weighing down the...