Tag: Overnight Rates
Markets Wrap | FGN bonds yield spikes 21bps to 19.7% after...
SAT DEC 21 2024-theGBJournal| The FGN bond secondary market was bearish following November’s CPI print (+72bps y/y to 34.60%).
Thus, the average yield expanded by...
Markets Wrap| NGX ASI dumps 0.3% w/w on sell pressures; FGN...
...Market capitalization lost N184.73 billion w/w to close at N59.11 trillion.
...the Treasury bills secondary market traded with bearish sentiments this week as market players...
Markets Wrap| Bonds yield stays flat at 18.4%, T-Blls yield expands...
TUE SEPT 10 2024-theGBJournal|Treasury bond secondary market traded in a lull on Tuesday, as the average yield closed flat at 18.4%.
Across the benchmark curve,...
FGN bond yield climbs by 14bps to 19.6% as investors sell...
MON AUG 05 2024-theGBJournal|The FGN bond secondary market traded with bearish sentiments, as the average yield advanced by 14bps to 19.6%.
Across the benchmark curve,...
Markets Wrap| NGX benchmark Index and Naira sink further, bonds yield...
...The total volume traded increased by 169.1% to 1.34 billion units, valued at NGN9.67 billion, and exchanged in 8,198 deals
...The overnight lending rate contracted...
Markets Warp| NGX benchmark Index closes higher with buying interest in...
...The total volume traded declined by 44.4% to 335.70 million units, valued at NGN3.72 billion, and exchanged in 8,760 deals
...On sectors, the Consumer goods...
Markets Wrap| Bears feast on fixed income market as Treasury bonds...
...The NTB secondary market average yield expanded by 9bps to 23.5% to close the day
...the FGN bond secondary market closed on a bearish note,...
FX Watch| Nigeria’s Fx reserves and Naira closes week up
SAT, MAY. 06 2023-theGBJournal|After two consecutive weeks of decline, Nigeria's FX reserve increased by US$25.17 million w/w to US$35.28 billion (03 May 2023).
Analysts say...
Tight liquidity drives bearish sentiments in T-Bills market as yield ends...
SAT, 06 AUG, 2022-theGBJournal|The overnight (OVN) rate was unchanged at 15.0%, reflective of the unhealthy balance in system liquidity amid inflows from FAAC disbursement...
Markets Warp| T-Bills yield trades at 3.7%, bonds market begins week...
MON, 30 MAY, 2022-theGBJournal| The Treasury bills secondary market was quiet as the average yield remained at 3.7%.
Across the curve, the average yield...