• 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 Bonds, Treasury Bills, Forex and Oil Price.

Zedcrest Capital by Zedcrest Capital
March 29, 2019
in Markets, Securities, Stock Market
stock, market, stock market, Nigerian Stock Exchange
Share on FacebookShare on TwitterShare on Linkedin

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.

Bond Market Trades Flat, Despite Significant Cut in Auction Rates

***FG launches Micro Pension Plan for informal sector***

RelatedStories

Nigerian banks earn N5.93 trillion from investing in Treasury bills, OMO bills, others in 2024 

April 28, 2025
CBN, forex

CBN, DMO at odds as 364-day NTB rate drops to six-month low of 17.82%

March 6, 2025

Key Indicators

Bonds

The FGN Bond market traded on a relatively flat note despite the significant cut in stop rates at yesterday’s auction. We witnessed slight demand on the short end of the curve (23s & 24s) countered by some profit taking on the 2028s which trended higher by c.20bps on the day, (having compressed significantly in the previous session). Yields were consequently unchanged on the day, closing at c.14.30% on average.

We expect yields to trend slightly upwards due to the recent profit taking sentiments in the market. We should however witness some renewed demand if the CBN maintains a hold on OMO sales.

Treasury Bills

The T-bills market traded on a relatively flat note, even as the CBN held of on OMO despite the c.N60bn in OMO T-bill maturities today.

Market players anticipate a renewed OMO auction by the CBN tomorrow, due to expected inflows from FAAC payments. We expect the market to trade slightly bearish if this occurs.

Money Market

Rates in the money market declined by c.5pct as inflows from retail FX refunds bolstered system liquidity which opened the day at c.N80bn positive. The OBB and OVN rates consequently ended the session at 10.07% and 10.71% respectively.

We expect rates to trend slightly higher tomorrow, due to expected outflows for Bond auction debits, a possible OMO sale and Retail FX provisioning by banks.

FX Market

At the Interbank, the Naira/USD rate remained unchanged at N306.95/$ (spot) and N355.78/$ (SMIS). The NAFEX closing rate in the I&E window depreciated further by 0.03% to N360.80/$, whilst market turnover improved by 74% to $203m. At the parallel market, the cash rates depreciated further by 0.03% to N358.30/$ whilst the transfer rate remained unchanged at N364.00/$ respectively.

Eurobonds

The NGERIA Sovereigns remained slightly bearish, with yields higher by c.3bps on the day. Investors however showed renewed interest for duration plays on the longer end of the curve (47s and 49s).

In the NGERIA Corps, we witnessed interests mostly on the DIAMBK 19s and FIDBAN 22s.

__________________________________________

Contact us:

Dealing Desk: 01-6311667 | Dayo: 07032208237 | Seyi: 08023231396 | Nnamdi: +2348133385000 | Tosin: +2347039394376

Email: research@zedcrestcapital.com


Follow us for Breaking News and Market Intelligence.
Tags: BONDSDaily fixed incomeTreasury Billstreasury bills
Zedcrest Capital

Zedcrest Capital

Related Posts

Equities

Nigerian banks earn N5.93 trillion from investing in Treasury bills, OMO bills, others in 2024 

April 28, 2025
CBN, forex
Financial Services

CBN, DMO at odds as 364-day NTB rate drops to six-month low of 17.82%

March 6, 2025
CBN Treasury Bills
Fixed Income

Nigeria Treasury Bills attract N2.41 trillion in subscriptions amid declining rates in latest auction 

February 20, 2025
CBN Treasury Bills
Fixed Income

FG Treasury Bills attract over N3.1 trillion in subscriptions in February auction 

February 6, 2025
5 Consumer stocks you should consider for your portfolio 
Financial Literacy

How much is your N1 Million investment worth in forex vs. equities vs. bonds? 

January 14, 2025
CBN, forex
Fixed Income

CBN secures N1.47 trillion in subs for 364-day Treasury Bills @22.6% stop rate 

January 9, 2025
Next Post
NIBSS POS

Nigeria's e-payment transactions fall by N29billion as transactions failure deepens

Leave a Reply Cancel reply

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

Emple
nlng
Zenth Bank
first bank
Zenth Bank








DUNS

Recent News

  • Senate approves N1.8 Trillion 2025 Statutory Appropriation FCT Bill, targets ongoing projects, others 
  • FG commissions 16 projects at Federal Neuropsychiatric Hospital, Sokoto 
  • Federal Government to establish 7,000 digital hospitals in rural communities — Dr. Bosun Tijani 

Follow us on social media:

Recent News

Sterling Bank CEO advocates for AI dev’t to maintain global competitiveness

Senate approves N1.8 Trillion 2025 Statutory Appropriation FCT Bill, targets ongoing projects, others 

May 28, 2025
FG commissions 16 projects at Federal Neuropsychiatric Hospital, Sokoto 

FG commissions 16 projects at Federal Neuropsychiatric Hospital, Sokoto 

May 28, 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