Monthly Archives: November 2021

Nigeria Fixed Income Weekly

The week that was (November 15-19) A week loaded with a lot of macroeconomic data releases and the monthly bond sale where the DMO continued to display a strong appetite for borrowings. Base effects continued to drive slowdowns in headline inflation:  The NBS released the October CPI report which unsurprisingly showed that inflation maintained its […]

Nigeria Fixed Income Weekly

The weeks that were (October 19-November 12) Robust banking system liquidity induces a decline in short- term interest rates, but CRR debits return: Following a raft of inflows (FAAC plus bond coupon inflows) at the end of October and surprise NGN300billion credits/refunds at the start of last week, domestic system liquidity has been relatively robust, […]