Post by Proshare (@Proshare)
Nigeria’s secondary bond market ended a four-month selloff in July 2026 as expectations of lower government borrowing revived investor demand.
The DMO reduced its indicative Q3 FGN bond issuance target to ₦3.4trn-₦4.6trn, easing concerns that heavy supply would push yields higher. Renewed buying drove the average FGN bond yield down by 71 basis points to 17.08%, with the strongest compression recorded across the short and mid segments of the curve.
https://proshare.co/articles/secondary-bond-market-ends-four-month-selloff-in-july-2026-as-dmo-signals-lower-q3-bond-supply?menu=Market&classification=Read&category=Bonds
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