Tag: DMO
Markets Watch: Treasury bond average yield closes at 11.9%, naira gains...
TUE 22 JUNE, 2021-theGBJournal- The naira appreciated at the I&E window by 0.4% to NGN410.00/USD but was flat at NGN500.00/USD at the parallel market...
Bonds: Average yield drops by 27bps to 12.0% on improved demand
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...
Analysis: Here is why FGN’s fiscal deficit is wider than preliminary...
SAT 12 JUNE, 2021-theGBJournal- We received the Q4-20 budget implementation report from the budget office, and it showed that the FGN's fiscal deficit was...
Treasury Bonds: Weak demand subdues market as average yields closed week...
SAT 12 JUNE, 2021-theGBJournal- Bearish sentiments returned to the bonds market as investors’ demand weakened following sustained expectations of higher yields. Specifically, average yields...
Nigeria’s total public debt stock hits N33.107 trillion
THUR 10 JUNE, 2021-theGBJournal- The Debt Management Office (DMO) Wednesday released Nigeria’s Public Debt Stock as at March 31, 2021.
The Total Public Debt Stock...
Treasury Bonds: Average yield expand by 8bps to 12.5% as negative...
SAT 29 MAY, 2021-theGBJournal- Bearish sentiments persisted in the Treasury bonds secondary market following liquidity constraints and investors’ expectations of higher yields across the...
Bonds: Bears dominate market as average yield rose 15bps to 12.4%
SAT 22 MAY, 2021-theGBJournal- The Treasury bonds secondary market closed the week on a bearish note, as yields adjusted to the higher stop rates...
Bonds Market: Average yield contracts 8bps to 12.3% as investors cherry-pick...
SAT 15 MAY, 2021-theGBJournal- The Treasury bonds secondary market closed on a bullish note, as investors cherry-picked on attractive yields at the mid and...
Markets Wrap: All-Share Index gains 0.3% amid positive market sentiment, Naira...
…Treasury bond turns bullish as average yield contracted by 4bps to 12.2%
MON 10 MAY, 2021-theGBJournal- The All-Share Index advanced by 0.3% to 39,312.74 points...
Treasury Bonds: Average yield expands 44bps to 12.4% amid sustained sell-offs
SAT 08 MAY, 2021-theGBJournal- Trading in the Treasury bonds secondary market remained bearish as investors continue to anticipate further increases in FGN bond yields....
