Monthly Archives: August 2018
Nigeria Fixed Income Weekly
The Week that was (August 13-17): – Foreign sales drive bond yields higher amid a dovish CBN posture Foreign dumps drive FGN bond yields higher: Continuing from last week, foreign bears continued to drive bond yields higher. Whether on account of the negative press from the siege of the National Assembly or the emerging turmoil […]
Nigeria Fixed Income Weekly
The Week that was (August 6-10): – Yields rise on account of political risk and hawkish noise from CBN Political risk drives short lived spike in bond yields: Since the start of 2018, there has been a lot of talk about political risk on Nigerian assets and we had taste of its last week as […]
Nigeria Fixed Income Weekly
Nigeria Fixed Income Weekly The Week that was (July 30- August 3): – Yield curve normalizes due to bulging liquidity at the short end Pick-up in system liquidity depresses yields: Continuing the pattern from last week, financial system liquidity tracked higher following the release of July FAAC inflows during the week. As a result, despite […]
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