Bond Market Stays Flat As Nigeria Launches ₦300bn Sukuk Offering At 19.75% Rate

Government bond yields in Nigeria remained relatively unchanged in the secondary market as the Debt Management Office (DMO) unveiled a fresh issuance of its sovereign Sukuk valued at ₦300 billion, priced at a rental rate of 19.75%. At the start of the week, bond market activity remained muted, though select trading occurred in benchmark bonds … Continue reading Bond Market Stays Flat As Nigeria Launches ₦300bn Sukuk Offering At 19.75% Rate