Yield Hits 14.3% As Market Repriced Bonds

According to a bevy of specialists, the average yield on Federal Government of Nigeria, FGN, bond instruments jumped to 14.3% in the recent past as the market re-priced fixed interest securities assets, following monetary policy tightening. Despite rising spot rates, the debt management office’s prior Bond auction subscription level was squeezed due to tightening financial … Continue reading Yield Hits 14.3% As Market Repriced Bonds