Tag: FGN bond
Markets Wrap: Overnight rate closed at 17.3% following FAAC inflows, banks...
SAT 25 SEPT, 2021-theGBJournal- The overnight (OVN) rate contracted by 50bps w/w to 17.3%, as inflows from FAAC disbursements (c. NGN407.71 billion) and FGN...
Markets Wrap: CBN allots N307.34 billion worth of T-Bills, the highest...
SAT 28 AUG, 2021-theGBJournal- Bearish sentiments returned to the Treasury bills secondary market sustained as market participants sold off positions to meet funding obligations...
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...
MARKETS WRAP: Stocks rebound after Tuesday’s sell-off, Treasury bond yield expands...
WED 24 MARCH, 2021-theGBJournal-The domestic equities rebounded from the bearish close yesterday, following investors’ buying interest in bellwethers – DANGCEM (+2.3%), MTNN (+2.4%) and...
Tight system liquidity triggers T-bills sell-offs from local banks as Treasury...
SAT, MARCH 13 2021-theG&BJournal- Just as we envisaged, activities in the Treasury bills secondary market remained bearish (average yield across all instruments expanded by...
MARKETS WRAP: All-Share Index rebounds by 3bps to close at 40,164.86...
TUE 23 FEB, 2021-theGBJournal- Trading in the local bourse ended the day mixed but with bullish bias, as the All-Share Index notched a 3bps...
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...
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...
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...
Nigeria’s FX reserves rebound by $1.77 million as OMO maturities, FGN...
SAT, 24 OCT, 2020-theGBJournal-Nigeria’s FX reserves increased by USD1.77 million w/w to USD35.67 billion, as inflows offset outflows for CBN’s interventions across the various...