Category: Fixed Income

Bond: Coupon Payments Depress Overnight Rate To 2.33%

Bond: Coupon Payments Depress Overnight Rate To 2.33%

At the interbank market on Wednesday, rates dropped marginally to 1.75%, just as Overnight decreased fell to 2.33%, helped by the N500bn with improvem...
I&E Window Transactions Drop To $77.57m

I&E Window Transactions Drop To $77.57m

Transaction volume in the Investors and Exporters’ Window of the interbank market on Monday fell by a significant 73.76% to $77.57m, traded within the...
Investors Go For FGN Bonds Amidst Rising Liquidity

Investors Go For FGN Bonds Amidst Rising Liquidity

Demand for sovereign Federal Government of Nigeria bond was heaviest Friday on the buy side, as both offshore and domestic institutional and retail ...
N500bn OMO Overflow Spikes Overnight Rates Higher

N500bn OMO Overflow Spikes Overnight Rates Higher

The OBB and Overnight rates increased of the interbank market rose slightly higher to 3.00% and 3.83% respectively, due to N500bn outflows from OMO au...
Rates May Trend Lower, Amidst N550bn Liquidity In Interbank Market

Rates May Trend Lower, Amidst N550bn Liquidity In Interbank Market

Liquidity at the Nigerian interbank market remained significantly buoyant at N550bn on Tuesday, following which analysts expect rates to trend lower, ...
Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Interbank Nigeria's Interbank remained relatively stable at its previous rate of N305.60/$, as the Central Bank of Nigeria (CBN) intervened in the ...