Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC
More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission.
The SEC data...
As Yield Declines, Buying Interests Dominate Bond Market
The Federal Government bonds market was dominated by buying interests last week as investors took advantage of the attractive yields across the curve.
Average yields across all tenors declined by 42 basis points week-on-week to close at 13.9...
Bond Yields Rise On Sell Pressure
The bond market was characterised by sustained sell-offs by investors last week thereby leading to a rise in yields in the market.
For instance, FGN Eurobonds traded on the London Stock Exchange depreciated in value for all maturities tracked amid...