Benchmark Yield On Nigerian Bond Surges To 19.70%

The Federal Government of Nigeria’s (FGN) bond’s secondary market trading concluded in a bearish manner, pushing up the average yield by 0.25%. Traders reported in their individual market updates that sell pressure or profit-taking across tenor instruments in the secondary market was the reason for the benchmark yield’s slight increase. Bond with a hunger for … Continue reading Benchmark Yield On Nigerian Bond Surges To 19.70%