Investors Bite

Yield Dropped Opening The Week As Unmet Sukuk Demand Chased Benchmark Bonds

Culled—-Proshare June 16, 2020 By Zedcrest Capital FGN Bonds The Bond Market opened the week with sustained interest seen across some of the benchmark bonds, in the aftermath of the release of the FGN Sukuk auction results which showed the heavy demand still unmet. The DMO released the circular detailing […]

Guinness Nigeria Plc Series 1 and 2 Commercial Paper Is Coming Soon

Culled—-Proshare June 15, 2020 By Stanbic IBTC    Stanbic IBTC Capital Limited  and Standard Chartered Capital and Advisory Nigeria Limited and are delighted to inform you of the upcoming series 1 and 2 commercial paper issuance (the “Offer”) under Guinness Nigeria Plc’s (“Guinness Nigeria”, the “Company” or the “Issuer”) N10 […]

Mute Activities in Fixed Income Market

Culled—Proshare June 15, 2020 by Anchoria AM Research Money Market The system liquidity shrank last week due to the absence of inflow for the first 3 days in the week, hence the money market rate was at double digit before OMO Maturity of N92 billion came in on Thursday. Consequently, […]