Tag
FX MARKETS
We expect yields to remain slightly pressured, due to relatively weak client demand, and sustained OMO interventions by the CBN.
The Bond Market resumed on a slightly bullish note
The Bond Market traded on a relatively calm note, with yields retracing by c.6bps
The Naira depreciated at the interbank today, closing at N306.10/$ (0.02% lower than N306.05/$ previously)
We expect the recent bearish trend in bonds to retrace tomorrow..
The Bond market traded on a significantly bearish note in today’s session
We also noted a shift in the date of the scheduled bond auction for the Month of August to 15-Aug from the earlier scheduled date of 22-Aug.
Funding Rates Tick Higher as Banks Fund for CBN SMIS CBN’s intervention reaches 400,000 farmers KEY INDICATORS Bonds...
PMA Rates Trend lower as Market Players Oversubscribe the 1-yr bill by 175% Fed holds interest rates, says...
KEY INDICATORS Bonds The bond market traded today with mixed sentiments with demand seen on the medium to...
KEY INDICATORS Bonds The Bond market open the week on a relatively quiet note, as yields compressed by...
Bond Yields Compress following Demand on the Mid Tenor Bonds NBS to Publish Q2 GDP Report on Monday...