Morning Brew
by Aminat Afonja 09 January 2023
FGN Bond Market
The FGN bond market closed on a bullish note last week, with buying interests concentrated mostly on short-tenured maturities. As a result, the average benchmark yield declined by 29bps (basis points) to close at 13.02% week-on-week.
Nigerian Treasury Bill (NTB)
The treasury bills market was relatively bullish last week on the back of improved liquidity conditions. The market saw an elevated market activities on mid- to long-term instruments. A
