Investors Buy Out Nigerian Bond As DMO Tightens Supply

As investors gambled on naira assets, the average yield on the Federal Government of Nigeria (FGN) bond fell 3 basis points in the secondary market due to purchasing interest at the mid-point of the curve. A wave of fixed income securities traders and analysts stated the Nigerian government’s bond offering has dropped after the authority … Continue reading Investors Buy Out Nigerian Bond As DMO Tightens Supply