Nigeria’s Bonds Rally Amid Expectations Of Tight Supply

Nigeria’s bond market saw a rally in the secondary market as investors continued to take positions in naira-denominated assets, driven by optimism around economic stability and fiscal resilience. Investor appetite for fixed-income securities increased notably, amid expectations of limited bond issuance at the Debt Management Office’s (DMO) monthly auction. The auction’s subscription level fell short … Continue reading Nigeria’s Bonds Rally Amid Expectations Of Tight Supply