Nigeria_Fixed Income: Market maintains bearish bias at week open
​Trading in the T-bills market opened the week on a tepid note amidst mild selloffs across most maturities (yields up 15bps on average). The most notable rise was recorded on the 52DTM (+43bps), 94DTM (+52bps), and 101DTM (+57bps) bills, closing at 6.22%, 7.11%, and 7.37% respectively. Similarly, the bond market remained largely bearish at week open as yields rose across most of the traded bonds (save for the 2026 maturity). Whilst yield on the 12.50% FGN JAN 2026 bond declined 22bps to 12.36%, the yield on the 15.54% FGN FEB 2020 bond advanced 22bps to 12.22%.
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.
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.