Report

Nigeria_Fixed Income: T-bills market sustains upbeat at week close

​Buoyed by the relatively robust system liquidity, trading sentiment remained largely upbeat in the T-bills market as yields declined by an average 12bps across all maturities. Notably, yields on the 62DTM(-51bps), 125DTM (-66bps), and 132DTM (-48bps) bills moderated to close at 6.08%, 7.64%, and 7.64% respectively. The bond market however maintained a mixed trading pattern across all maturities. Whilst yield on the 15.10% FGN APR 2017 bond advanced 6bps to 10.41%, y 15.54 FGN FEB-2020 bond declined 6bps to 11.73%.

Provider
Vetiva Capital Management
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch