Nigeria’s Bonds’ Yield Crash To 11-Month Low

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Nigeria’s 10-year (2024) bonds yield have fallen to an 11-month low on liquidity. The yield on the Federal Government issued 10-year bonds crashed to 12.90 percent on Friday.

Yield was down from 13.10 percent it recorded the previous day as there was an increase in liquidity from the banking system. 

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According to market analysts, the figure represents a steep-drop from a 2015 high of 17.32 percent on the 10-year bonds auctioned at the primary market, even as liquidity opened on Friday at over N1 trillion.

See Also: Nigeria Raises N120bn In Bonds, As Yields Crash


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