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Bond Markets
FG rides on huge investor sentiment, secures lower yield for bonds
Nigerian federal government is obviously riding on the back of current excess liquidity in the market to secure better, lower yields for its bonds as investor appetite soars. Report from…
October 2019 FGN bond auction oversubscribed- DMO
The Debt Management Office DMO, has revealed that the October 2019 Federal government bond has been over subscribed following strong investors confidence. A Statement signed by DMO’s…
DMO says 220% Green bond subscription level on increased awareness by subscribers
The Debt Management Office (DMO) has attributed the 220% subscription of the second Sovereign Green Bond to increased knowledge and awareness of Green bonds by investors. The DMO further…
Nigeria’s maiden 30-yr bonds excite investors, receives 400% subscription
Investors keenly jostled for Nigeria’s first ever N20 billion 30-year FGN Bond offered by the Debt Management Office (DMO) earlier today to generate long term funds for infrastructure.…
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…