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Bond Markets
UPDATED: Nigeria to issue first ever 30-year bonds in 2019
Nigeria's federal government will for the first time issue 30-year tenored bonds in 2019, given the relatively low interest rates compared with 2017 levels of over 18 percent, the Debt…
FMDQ admits pioneer Access Bank N15bn green bond
Access Bank plc has set the pace for other corporate issuers by listing the first Climate Bond Certified Corporate Green Bond in Africa, the Access Bank plc N15 billion five-year 15.50…
FGN bond auction for March oversubscribed in excess of N148bn
The Debt Management Office,DMO,on Wednesday confirmed that the FGN Bond Auction for March 2019 conducted by the office at which N100 billion Bonds were offered, was oversubscribed in excess…
As global bond markets signal slow down, Nigeria should take notice
Bond markets and dovish central banks are flashing warnings that a global economic slowdown could be even closer than initially expected.
Most sovereign bond yields are at their lowest…
DMO auctions 2 FGN savings bonds in March at lower rates
The Debt Management Office (DMO) has commenced auction on two-year and three-year Federal Government of Nigeria (FGN) Savings Bonds for the month of March at lower interest rates.
The…
Nigeria bonds, stocks fall after Buhari wins re-election
Nigeria’s 10-year bond yield fell to its lowest in six months on Wednesday as stocks dropped after incumbent Muhammadu Buhari was reported to have won re-election as leader of Africa’s…
Investors oversubscribe FG bond offer despite election concerns
Huge concerns around the 2019 general elections were not strong enough to dampen investors’ interests in the Nigeria’s dent market as seen in the bond auction results released by the Debt…
Nigeria offers additional N150bn bonds for subscription in February
The Debt Management Office (DMO) has announced plans to offer for subscription additional three Federal Government bonds worth N150 billion to investors for February 2019.
The issuance of…
African Eurobonds shine as high yields lure investors
African Eurobonds have outperformed their peers in the emerging market this year, with Kenya and Zambia topping the list of best-performing emerging market sovereigns in the Eurobond market,…
SEC to issue green bond rules soon
Nigeria’s securities and Exchange Commission is soon to issue rules for green bonds by a non-sovereign organization according to industry sources.
Green bonds are fixed income, liquid…