Tag: NTB auction
Markets Wrap| CBN set to roll over N77.61 billion worth of...
SAT 08 JAN, 2022-theGBJournal- The overnight (OVN) rate expanded by 425bps w/w to 14.8% this week, as funding pressures for Central Bank of Nigeria’s...
Bonds: Treasury Bonds traded bearish amid uncertainty on the direction of...
SAT 18 SEPT, 2021-theGBJournal- Trading in the Treasury Bonds secondary market was bearish, following sell-offs in the early parts of the week from local...
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...
Money Market: Overnight rate jumps by 15.83 ppts w/w to 28.3%...
SAT 17 APRIL, 2021-theGBJournal-The overnight (OVN) rate jumped by 15.83 ppts w/w to 28.3% as outflows for CRR debit, weekly OMO (NGN20.00 billion) and...
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...
