• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets

Daily update on Treasury Bills, Bonds, Forex etc.

Zedcrest Capital by Zedcrest Capital
September 4, 2018
in Markets, Securities
Bonds, CBN

Nigerian Stock Exchange Trading Floor

Share on FacebookShare on TwitterShare on Linkedin

Weak EM sentiments persist as South Africa plunges into technical recession

Daily update on Treasury Bills, Bonds, Forex etc.

Bonds

RelatedStories

NGX ends the week positive as market capitalization gains N45 billion

How to earn stable returns with fixed income ETFs in the U.S. market

July 11, 2025
Shareholders endorse Eterna Plc's dividend payment despite decline in profit

Eterna Plc beats Q1 2025 forecast with N1.4bn pre-tax profit amid zero FX loss 

May 1, 2025

The Bond market traded with mixed sentiments in today’s trading session, as the market which opened on a bearish note saw a reversal towards the close of trading. Bargain hunting by local clients dominated late trades across the mid-end of the curve, mostly on the 2027s. Yields consequently compressed by 4bps to close at 15.14% on the average across the curve.

We expect the market to be order driven with some client demand expected to take advantage of yields available on the mid- to long-end of the curve amidst buoyant system liquidity.

 

Daily update on Treasury Bills, Bonds, Forex etc.

Treasury Bills

For the second consecutive trading session, yields in the T-bills market compressed by c.35bps as market players continue to invest excess liquidity in the secondary market.

The CBN floated an OMO auction today, offering a total of N600bn over two maturities. Despite weak demand at the auction, the Apex bank defied expectations for an increase and maintained stop rates at 11.05% and 12.15% for the 77- & 198-day maturities respectively.

With OMO maturities expected later in the week, the CBN is likely to float another auction to manage system liquidity. We expect market participants to remain active at the short-end of the curve as investors continue to test the CBN’s resolve to keep rates stable at subsequent OMO auctions.

 

Daily update on Treasury Bills, Bonds, Forex etc.

Money Market

The OBB and OVN rates declined further to close at 3.08% and 3.92% respectively, as System liquidity is estimated to close today at c.N623.60bn due to inflows from FAAC payments to States and LGAs.

The CBN sold a total of N171.27bn at an OMO auction today in a bid to manage the excess liquidity.

We expect rates to remain relatively stable due to the significantly buoyant level of system liquidity.

Daily update on Treasury Bills, Bonds, Forex etc.

FX Market

The Naira/USD rate showed slight depreciation at the interbank, closing at N306.20/$ (0.02% lower DoD). At the I&E FX window, a total of $174.25mn was traded in 395 deals, with rates ranging between N359.00/$ – N364.00/$. The NAFEX reference rate appreciated by 0.19% to N362.11/$ from N362.78/$ previously.

At the parallel market, both cash and transfer rates remained stable at N359.20/$ and N361.50/$ respectively.

Daily update on Treasury Bills, Bonds, Forex etc.

Eurobonds

The markets resumed from the Labor Day holiday on a bearish note, a weakness across the sub-Saharan African markets following the general EM sell-off continue to pressure the NGERIA Sovereigns. Yields consequently ticked c.20bps higher, to close at 7.47% on the average across the curve.

The NGERIA Corps trade mixed during today’s session, as investors cherry picked securities. Demand interest were witnessed on GRTBNL 18s, DIAMBK 19s and FIDBAN 22s, while investors sold off the SEPPLN 23s.

Daily update on Treasury Bills, Bonds, Forex etc.


Follow us for Breaking News and Market Intelligence.
Tags: FGN BondsFixed IncomeFX MarketsZedcrest Capital
Zedcrest Capital

Zedcrest Capital

Related Posts

NGX ends the week positive as market capitalization gains N45 billion
Financial Literacy

How to earn stable returns with fixed income ETFs in the U.S. market

July 11, 2025
Shareholders endorse Eterna Plc's dividend payment despite decline in profit
Company Results

Eterna Plc beats Q1 2025 forecast with N1.4bn pre-tax profit amid zero FX loss 

May 1, 2025
FGN Bonds, FG lists N296 billion savings bonds on NSE, Investment Alert: The FGN Savings Bond is now open for subscription
Fixed Income

FG plans to raise N350 billion from February 2025 FGN bond auction 

February 24, 2025
DMO, FGN Savings Bonds
Economy

Federal government’s domestic debt stock hits N66.957 trillion in H1 2024 

November 13, 2024
DMO, FGN Savings Bonds
Economy

DMO blames system issues for delay in coupon payment on FGN savings bonds 

September 20, 2024
DMO, FGN Savings Bonds
Fixed Income

FG seeks N150 billion from bond market in September 2024 

September 19, 2024
Next Post
NSE Nigerian stocks, UBA, Zenith, First Bank lead actively traded stocks on Tuesday , Courteville, Jaiz Bank, Transcorp lead gainers on Friday 

NSE shakes off the bears as ASI closes Northward today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 
  • Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees
  • TikTok removes over 3.6 million Nigerian videos in Q1 2025  

Follow us on social media:

Recent News

Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 

Key policies that shaped Nigeria’s tech industry under Buhari’s 8-year rule 

July 15, 2025
Investments

Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics