FGN Bond Yields Climb On Higher Supply Outlook

Trading in the secondary market for Federal Government of Nigeria (FGN) bonds ended on a mixed note last week, tilting bearish as the Debt Management Office (DMO) signaled a sharp increase in supply. The DMO announced plans to double the size of bond offers to ₦80 billion each for new and reopening instruments at next … Continue reading FGN Bond Yields Climb On Higher Supply Outlook