Tag: FGN Eurobond
Yields on the 30-year bond trends northwards to 16.30%
SAT, OCT 14 2023-theGBJournal|The FGN local bond Market witnessed another quiet week with a bearish bias as yields on the 30-year bond trended northwards...
Bears feast on FGN bonds and FGN Eurobond markets with average...
SAT, OCT 07 2023-theGBJournal| The FGN Bonds market traded on a calm note with a bearish undertone as offers were seen on the mid...
Analysis| US rate rises and Nigerian savers
TUE, SEPT 26 2023-theGBJournal |What is the connection between rising US market interest rates and the investment outlook for Nigerian savers?
The obvious answer...
Markets Wrap| T-Bills yield closes at 7.42%, FGN Eurobond market bullish...
SAT, SEPT 23 2023-theGBJournal |The Treasury Bills Market traded on mixed sentiments in the week under review with liquidity fluctuations. The Focus was on...
Financial Market| DMO sells N214.73 billion across the standard maturities at...
SAT, SEPT 09 2023-theGBJournal |The financial market encountered a decline in system liquidity over the course of the week, primarily attributed to the N214.73bn...
Market’s Wrap| FGN Eurobond market mixed, T-Bills average yield prints at...
SAT, SEPT 02 2023-theGBJournal |Following the improvement in system liquidity this week due to the FAAC inflow, interbank rates experienced a significant decline. WoW,...
Markets Today| Nigerian equities close positive as Naira drops 2.9% to...
MON, AUGUST 21 2023-theGBJournal |The domestic equities market resumed the week’s trading on a positive note, as bargain-hunting activities in BUAFOODS (+9.3%) supported market...
Contrasting trading day for treasury bills and bond secondary markets
MON, AUGUST 14 2023-theGBJournal |Treasury bills secondary market traded bullish Monday, as the average yield contracted by 3bps to 7.3%.
Across the curve, the average...
FGN Eurobond yields rise 50bps week-on-week to settle at 10.72%
SAT, AUGUST 12 2023-theGBJournal |The FGN local bond market traded on a quiet note with a bearish bias with minimal activity skewed to the...
Analysis| Risk is back and the return of risk is good...
TUE. 24 JANUARY, 2023-theGBJournal| Risk is back. Buying risky assets, such as equities and emerging market bonds, is in fashion after long time -...
