Tag: DMO
WEEKLY MARKETS WRAP: CBN maintained stop rates across tenors, sells N180...
SAT 20 FEB, 2021-theGBJournal- The overnight (OVN) expanded by 15.75ppts w/w, to 20.5%. The rate was depressed at the beginning and middle of the...
Treasury Bonds: DMO set to offer instruments worth N150 billion, average...
SAT 13 FEB, 2021-theGBJournal- In line with our expectation, proceedings in the Treasury bonds secondary market were bearish, as investors priced in the higher...
MARKETS BRIEF: Treasury bonds average yield expands by 97bps to 8.1%,...
SAT 30 JAN, 2021-theGBJournal- Activities in the Treasury bonds secondary market were bearish, as investors traded cautiously in keen expectation of the MPC’s decision...
BONDS: Treasury bonds average yield expands by 36bps to 7.1%, as...
SAT 23 JAN, 2021-theGBJournal- Activities in the Treasury bonds secondary market was largely influenced by the proceedings in the primary market, as investors focused...
MARKETS BRIEF: DMO offers instruments worth N150 billion as treasury bonds...
WED 20 JAN, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 1.0%, in the absence of any significant inflows into the system.
Activities at...
BONDS MARKET: Treasury bonds average yield expanded by 30bps to 6.1%...
SAT 16 JAN, 2021-theGBJournal- Activities in the Treasury bonds secondary market remained bearish as investors remained on the sidelines, awaiting clarity on the direction...
QUICK TAKE: FGN Promissory Note issuance fuelling public debt stock growth
MON 11 JAN, 2021-theGBJournal-Faced with the ravaging impact of COVID-19 on oil and non-oil revenue, the government has continued to grapple with a rising...
BONDS: Average yield expands by 61bps to 5.4% as investors react...
SAT, 19 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as investors reacted to the November inflation figure (14.89%) and the higher marginal...
Money & Fixed Income Markets: Treasury bond reacts negatively to unanticipated...
…Overnight rate contracted by 337 bps w/w
SAT, 12 DEC, 2020-theGBJournal- The Treasury bond secondary market reacted negatively to the unanticipated front-end supply from the...
MARKET WRAPS: Treasury bonds contract 12bps to 3.9% on bullish trading...
SAT, 28 NOV, 2020-theGBJournal- The bond secondary market remained bullish this week, as average yield declined by 12bps to 3.9%. We attribute the bullish...