Benchmark Yield On Nigerian Bonds Surges To 18.70%

The benchmark yield on Nigerian government bonds in the secondary market increased to 18.70% following Debt Management Office (DMO) auction sales. Trading activity was rather calm at the start of the week due to the focus moving to N150 billion worth of local bonds for subscription on the main market. CardinalStone analysts stated in their … Continue reading Benchmark Yield On Nigerian Bonds Surges To 18.70%