Fixed Income in Focus: The fixed income market opened the week on a relatively bearish note, with investors positioning ahead of the mid-week NTB auction. The auction cleared at 21.12% effective yield, about 136bps higher than the previously issued 365-day

Fixed Income in Focus: The week opened on a cautious, liquidity-tight footing as CRR debits and FX settlements drained cash, flipping system balance from ₦313.9bn long to a ₦94.6bn deficit by Friday. NTB interest stayed skewed to the long end,

Fixed Income in Focus: The week opened on a bearish tone, with the bond market seeing decent activity as investors cut exposure, pushing yields above the 17% mark. An early OMO auction 7-April cleared at 28.18% yield ~ 82bps above

Fixed Income in Focus: The week opened with active bond and OMO auctions, drawing strong interest across the curve. The DMO’s over allotment, the first in over a month, dampened demand for domestic debt and drove more profit taking activities

Fixed Income in Focus: The week opened with dampened demand across the curve, due to negative liquidity, and CBN’s MPC meeting. NTB activity increased as investors repositioned before the midweek auction. The benchmark 365-day bill extended its bearish trend, shedding

Fixed Income in Focus: The week opened on a bearish note as system liquidity printed at ₦–280bn, prompting a slight rebound in rates across the curve. Midweek, however, sentiment shifted following the June CPI release, which eased by 75bps to