Report
FREE
Breakfast Report - 04 July 2022
- Nigeria paid $300 million for a five-year diaspora bond due on June 27, 2022, according to the DMO. The repayment will reduce the total external debt stock to $39.6 billion. Diaspora bonds provide the government with lower-cost financing from nationals abroad, making it a more sustainable source of funding than Eurobond. It also works well as a viable alternative considering the risk off sentiments in the international market.
- Equity: Market activity started off quiet last week, as we saw minimal trades in the first trading session of the month. We anticipate further mixed trading sessions this week as investors continue to trade cautiously amid some bargain hunting activities.
- Fixed Income: This week, we expect the bonds market to trade on an active note ahead of coupon inflows of ₦175 billion. Meanwhile, the NTB segment is expected to trade in line with system liquidity.
Provider
Vetiva Capital Management
Vetiva provides clients with independent and unbiased access to analysis and opinion. We keep our clients on the cutting edge of market information and provide up to date market intelligence on quoted companies. Our services allow brokers, investment firms, and asset managers focus their energies on developing investment strategies and client relationships.
Other Reports from Vetiva Capital Management
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.