Monthly Archives: May 2021
Nigeria Fixed Income Weekly
The week that was (May 17-21, 2021) Inflation slowed for the first time in eighteen months with a surprise dip driven by strong declines in food prices over April. However, fixed income markets discounted this development as participants focused on the issuance front, where the DMO paid more for borrowings at the monthly bond auction […]
Nigeria Fixed Income Weekly
The week that was (May 10-15, 2021) A short trading week given the two-day Eid-Fitr holiday made for a largely uneventful week on the market front but a quite eventful on the data front. On the currency front, CBN finally took out the official exchange rate (NGN379/$) completing the harmonization with IE rate (NGN411.67/$) which […]
Nigeria Fixed Income Weekly
The Week that was (April 26-May 7, 2021) Apologies for the radio silence as I was under the weather last weekend but good to be back. Its been a slow fortnight events-wise but the overall pattern across debt and currency markets remain intact: rising rates and a false calm across the official FX markets amid […]
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