Traders continue to pile into the 1yr NTB Issue in the light of the meagre supply of OMO T-bills by the CBN FGN okays N895bn Supplementary Budget for Vaccines and Security

  By Zedcrest Capital     The FGN bond market traded on a very sluggish note today with improved bids on some selected FGN Bonds especially at the long end of the curve with very few offers to match. We saw order-driven demand for short-duration bonds, 2023s to 2026s papers, although very few trades were […]

Zenith Bank 2022 Redemption: Another in A Long Line of Nigerian Eurobond Buy-Backs in 2019

  By Zedcrest Capital     Bonds The Bonds market ended the week on a muted note, with relatively low volumes again traded during the trading session. Yields across the benchmark curve compressed by c.1bps as investors apathy for current market yields continued. We however noted some improved interest in corporate and municipal bonds, as […]