Nigerian Bond Yield Surges To 19.56% After DMO High Auction Rates

The secondary market’s trading activity for FGN bond instruments came to an end on a negative note as investors started including an increase in interest rates into their expected return. Numerous fixed-income traders reported that the bond market was calm in their individual comments. Local investors that participated in the primary bond auction at the … Continue reading Nigerian Bond Yield Surges To 19.56% After DMO High Auction Rates