Nigerian Bonds Yield Climbs As Portfolio Managers Rebalance Investments

The Nigerian government bond market witnessed persistent selling pressure as portfolio managers engaged in portfolio reshuffling activities across the secondary market. Analysts noted that the development came in response to reduced spot rates offered to investors in the latest Treasury bills auction conducted by the Central Bank of Nigeria (CBN). The apex bank trimmed spot … Continue reading Nigerian Bonds Yield Climbs As Portfolio Managers Rebalance Investments