Weekly Market Report: March 21, 2025
Fixed Income in Focus: Liquidity deficit worsened by ₦1.2tn, closing at ₦1.9tn and marginally pushing yields higher. NTB activity started slow, with pockets of demand. But tight liquidity and excess supply signaled rising yields, prompting heavy offloading ahead of Wednesday’s auction, where 364-day NTB stop rates rose by 155 bps compared to previous auction. Bonds […]
Weekly Market Report: March 28th, 2025
Fixed Income in Focus: Liquidity improved by ₦1.9tn, closing at ₦998bn, driven by NTB maturities, bond coupon payments, and FACC inflows. Monday’s bond auction saw higher stop rates of 19.00% and 19.99% on the reopened 29s and 33s. Investors locked in NTB rates, anticipating a slight decline against Wednesday’s auction, which saw a 31-bps drop […]
Newsletter
Heading Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi interdum massa sit amet sapien interdum finibus. Nunc aliquam lorem ut interdum pharetra. Donec fermentum mollis commodo. Quisque ac euismod ex, vitae malesuada purus. Aenean a tincidunt erat. Aenean gravida sodales ipsum in efficitur. Ut tristique a risus sed scelerisque. Cras urna nulla, egestas id […]