Nigerian Bond Yields Climb Following Auction Results

The average yield on Federal Government of Nigeria (FGN) bonds climbed on Tuesday as the Debt Management Office (DMO) auction triggered profit-taking and portfolio adjustments. Local bond yields, which have been oscillating below 17% in recent sessions, reflected shifting investor positioning and tight supply conditions. Yields spiked following heavy sell-offs in bonds maturing in February … Continue reading Nigerian Bond Yields Climb Following Auction Results