The commercial paper issuance was 400% subscribed, with active participation from individuals, institutional investors.
The issuance and subsequent quotations of Dangote Cement CP was the largest issued by a non-financial institution in Nigeria on FMDQ's platform.
Official: Nigerian Treasury bills calendar for June - August 2020
Covid-19 and low yield are conniving to rub pension fund managers of a chest-beating performance, and the pension fund investors of blissful retirement.
MTN Nigeria Communications Plc proposed Commercial Paper Issuance Offer begins today and is scheduled to close on Thursday, June 4, 2020.
The bond issuance adds to itsbimpressive portfolio of innovative and landmark transactions it has structured, and it once again highlights its capabilities in the successful execution...
"Going into next week, there is an OMO maturity coming in. So, that will help to ensure balance."
The T-bills secondary market closed on a bullish note last week as the average yield fell by 38bps to close at 2.28% compared to 2.66% the...
Experts have projected that the interbank rates at the Nigerian money market will remain depressed in the meantime.
Nigeria's 2049 Eurobond Yields traded at a yield of 12.81% as prices fell to $72.94. The coupon rate for this loan about 9.2%.