Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%
The Federal Government of Nigeria (FGN) bond market witnessed profit-taking on Tuesday as investors rebalanced their portfolios following the release of new inflation data, which showed a significant decline in consumer prices. The National Bureau of Statistics reported that the inflation rate fell from 21.88% in July to 20.12% in August, pushing the real interest … Continue reading Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%
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