Tag: DMO

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...

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...

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...

…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...

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...

THUR, 26 NOV, 2020-theGBJournal-The Treasury bonds secondary market was mixed, albeit with a bearish tilt, as average yield was flat at 3.9%. Across the...

SAT, 21 NOV, 2020-theGBJournal- The overnight (OVN) rate expanded by 370 bps w/w, to 4.3% as debits late in the week for CRR, CBN’s...

TUE, 17 NOV, 2020-theGBJournal-Trading in the NTB secondary market remained mixed, as activity in the market remains muted. Thus, the average yield closed flat...

…Overnight rate crashes by 577 bps w/w, to 0.6% SAT, 14 NOV, 2020-theGBJournal-The overnight (OVN) rate crashed by 577 bps w/w, to 0.6%. The rate...

SAT, 31 OCT, 2020-theGBJournal-The overnight (OVN) rate ended the week lower, as it crashed by 8.50 ppts w/w, to 1.3%. The contraction was underpinned...