November 8, 2017/FMDQ OTC For four (4) years, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) has progressively championed and effectively supported initiatives aimed at boosting the growth and development of the Nigerian financial markets, with particular focus on the debt capital markets (DCM). Through the provision of unprecedented […]
Investors Bite
FGN Savings Bond-Ninth Monthly Issuance
November 7, 2017/InvestmentOne The offer for the Ninth (9th) series of the FGN savings bond started on the 6th and will end 10th of November 2017. Recall that the Federal Government of Nigeria, through the Debt Management Office (DMO), had on the 13th of March 2017 issued the first series of the monthly 2year and 3year tenured […]
Bond Market turns Bearish as Offshore Investors Take Profit
Culled—Proshare 7/11/2017/@ZedcrestCapital KEY INDICATORS The Bonds Market The bond market turned bearish today, due to some sell by offshore clients on the long end of the curve (2027 – 2037 maturities). Average bond yields consequently rose by 6bps to 15.01% from 14.95% in the previous session. We expect yields to […]
