Morning Brew
by Aminat Afonja 09 August 2022
Fixed Income and Money Market
FGN Bond Market
Yesterday, the FGN bond market continued its bearish trend from last week with aggressive selloffs seen on 22 January 2026 and 17 March 2027 instruments. The average benchmark yield increased by 15bps (basis points) to 12.76%.
Nigerian Treasury Bill (NTB)
The treasury bills market was relatively bearish yesterday with buying interests seen on few short-term and mid-term maturit
