Zedcrest Partners Ltd Bonds The FGN Bond market continued on a quiet note for the second consecutive trading session. We noticed slightly improved offers from market participants across most securities but very little volumes passed. Yields consequently remained unchanged on the average across the benchmark yield curve. We maintain a cautious […]
Category: Treasury Bill
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 […]
NTB Auction Oversubscribed by 67%, as Stop Rates Clear 80bps Higher
By Zedcrest ***Nigeria Fears Fiscal Crisis as Debts Take Big Pie of Revenues*** KEY INDICATORS Bonds The FGN Bond market traded on relatively quiet note, but yields moderated further by c.2bps, owing to slight demand interests still on some short and mid tenured bonds. We expect yields to remain relatively stable […]