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.
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.
Got a news tip/information for us? Email email@example.com
Follow us on twitter @thesheetng
BBM Channel: C0042057A
Like us on Facebook @ www.facebook.com / The Sheet
This is a 2015 Copyright of thesheet.ng. You may wish to request express approval from thesheet.ng to republish