Sales Create Yield Boost In Nigerian Bond Market
The average yield on the Federal Government of Nigeria (FGN) bond rose in the secondary market as a result of the recent selloffs. Investors are losing interest in naira assets on long-term contracts as they expect petrol pump prices to rise, halting disinflation. In July, the inflation rate fell for the first time in approximately … Continue reading Sales Create Yield Boost In Nigerian Bond Market
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