Morning Brew
by Aminat Afonja 16 January 2023
FGN Bond Market
The FGN bond market closed on a bearish note last week, with selling interests concentrated mostly on short- and long-tenured maturities. As a result, the average benchmark yield rose by 29bps (basis points) to close at 13.22% week-on-week.
Nigerian Treasury Bill (NTB)
The treasury bills market started the week on a quiet note as a result of the T-bill primary auction during the week. Towards the end