Fixed Income Archives - Nairametrics https://nairametrics.com/category/market-news/fixed-income/ Destination for Business news and analysis from Africa's largest economy Wed, 12 Jun 2024 12:37:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Fixed Income Archives - Nairametrics https://nairametrics.com/category/market-news/fixed-income/ 32 32 201037849 Nigerians withdraw N14.2 billion from pension funds as job losses spike https://nairametrics.com/2024/06/12/nigerians-withdraw-n14-2-billion-from-pension-funds-as-job-losses-spike/ https://nairametrics.com/2024/06/12/nigerians-withdraw-n14-2-billion-from-pension-funds-as-job-losses-spike/#respond Wed, 12 Jun 2024 12:37:23 +0000 https://nairametrics.com/?p=491131 The National Pension Commission (PenCom) has approved the disbursement of N14.2 billion to 8,651 Nigerians who experienced temporary job loss in the first quarter of 2024.

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]]> https://nairametrics.com/2024/06/12/nigerians-withdraw-n14-2-billion-from-pension-funds-as-job-losses-spike/feed/ 0 491131 Investors shun 182-day T-Bills, flock to 364-day bills with N677 billion subscriptions  https://nairametrics.com/2024/06/05/investors-shun-182-day-t-bills-flock-to-364-day-bills-with-n677-billion-subscriptions/ https://nairametrics.com/2024/06/05/investors-shun-182-day-t-bills-flock-to-364-day-bills-with-n677-billion-subscriptions/#respond Wed, 05 Jun 2024 20:18:22 +0000 https://nairametrics.com/?p=490697 The latest Nigerian Treasury Bills (NTBs) auction held on June 5, 2024, unveiled a significant trend as investors leaned heavily towards the longer-term 364-day bills while showing reluctance for the shorter-term 182-day bills. 

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]]> https://nairametrics.com/2024/06/05/investors-shun-182-day-t-bills-flock-to-364-day-bills-with-n677-billion-subscriptions/feed/ 0 490697 CBN to re-issue N1.56 trillion maturing NTBs in Q3 2024  https://nairametrics.com/2024/06/01/cbn-to-re-issue-n1-56-trillion-maturing-ntbs-in-q3-2024/ https://nairametrics.com/2024/06/01/cbn-to-re-issue-n1-56-trillion-maturing-ntbs-in-q3-2024/#respond Sat, 01 Jun 2024 08:57:25 +0000 https://nairametrics.com/?p=490411 The Central Bank of Nigeria (CBN) plans to re-issue maturing Nigerian Treasury Bills (NTBs) worth N1.56 trillion in the third quarter of 2024. 

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]]> https://nairametrics.com/2024/06/01/cbn-to-re-issue-n1-56-trillion-maturing-ntbs-in-q3-2024/feed/ 0 490411 FX turnover surges by 231.99% as CBN raises N1.16 trillion from OMO bill auction https://nairametrics.com/2024/05/24/fx-turnover-surges-by-231-99-as-cbn-raises-n1-16-trillion-from-omo-bill-auction/ https://nairametrics.com/2024/05/24/fx-turnover-surges-by-231-99-as-cbn-raises-n1-16-trillion-from-omo-bill-auction/#respond Fri, 24 May 2024 20:05:27 +0000 https://nairametrics.com/?p=489886 Nigeria’s foreign exchange market has seen the turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surge by an astonishing 231.99% on May 24, 2024

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]]> https://nairametrics.com/2024/05/24/fx-turnover-surges-by-231-99-as-cbn-raises-n1-16-trillion-from-omo-bill-auction/feed/ 0 489886 CBN raises N638.98 billion in latest treasury bill auction, yield surge to 26% https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/ https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/#respond Wed, 22 May 2024 22:13:56 +0000 https://nairametrics.com/?p=489679 Investors demonstrated robust demand for Nigerian treasury bills, offering over N1.59 trillion across three tenors during the Nigerian treasury bill (NTB) auction held on May 22, 2024. 

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]]> https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/feed/ 0 489679 Dangote Sugar issues N100 billion commercial papers at 20.65%, 21.17% rates https://nairametrics.com/2024/05/21/dangote-sugar-issues-n100-billion-commercial-papers-at-20-65-21-17-rates/ https://nairametrics.com/2024/05/21/dangote-sugar-issues-n100-billion-commercial-papers-at-20-65-21-17-rates/#respond Tue, 21 May 2024 13:33:10 +0000 https://nairametrics.com/?p=489547 Dangote Sugar Refinery plans to borrow N50 billion each in Series 4 and 5 of its N150 billion Commercial Paper Issuance, amounting to N100 billion to be raised from the Series 4 and 5 CP issuances.

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]]> https://nairametrics.com/2024/05/21/dangote-sugar-issues-n100-billion-commercial-papers-at-20-65-21-17-rates/feed/ 0 489547 Forex Crisis: SEC, EFCC target virtual manipulators in new collaboration  https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/ https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/#comments Wed, 15 May 2024 05:52:38 +0000 https://nairametrics.com/?p=488969 The two agencies are to strengthen the existing Memorandum of Understanding they have and ensure it is more effective in dealing with current issues.

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]]> https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/feed/ 1 488969 FG raises over N380 billion in May bond auction amid weaker demand  https://nairametrics.com/2024/05/14/fg-raises-over-n380-billion-in-may-bond-auction-amid-weaker-demand/ https://nairametrics.com/2024/05/14/fg-raises-over-n380-billion-in-may-bond-auction-amid-weaker-demand/#respond Tue, 14 May 2024 14:46:11 +0000 https://nairametrics.com/?p=488883 The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024. 

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]]> https://nairametrics.com/2024/05/14/fg-raises-over-n380-billion-in-may-bond-auction-amid-weaker-demand/feed/ 0 488883 FG raises N4.2 billion from Nigerian savings bonds in April 2024  https://nairametrics.com/2024/05/13/fg-raises-n4-2-billion-from-nigerian-savings-bonds-in-april-2024/ https://nairametrics.com/2024/05/13/fg-raises-n4-2-billion-from-nigerian-savings-bonds-in-april-2024/#respond Mon, 13 May 2024 07:30:25 +0000 https://nairametrics.com/?p=488706 The latest Federal Government of Nigeria Savings Bonds (FGNSB) have seen a hearty reception among investors, with total allotments for the April 2024 issuance reaching approximately N4.2 billion.

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]]> https://nairametrics.com/2024/05/13/fg-raises-n4-2-billion-from-nigerian-savings-bonds-in-april-2024/feed/ 0 488706 PenCom registers 88,213 new RSAs in Q4 2023 as Stanbic IBTC, Access Pensions stay top  https://nairametrics.com/2024/05/13/pencom-registers-88213-new-rsas-in-q4-2023-as-stanbic-ibtc-access-pensions-stay-top/ https://nairametrics.com/2024/05/13/pencom-registers-88213-new-rsas-in-q4-2023-as-stanbic-ibtc-access-pensions-stay-top/#respond Mon, 13 May 2024 05:33:26 +0000 https://nairametrics.com/?p=488693 The National Pension Commission (PenCom) has disclosed that a cumulative total of 88,213 new Retirement Savings Accounts (RSAs) were registered during the quarter ending on 31 December 2023. 

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]]> https://nairametrics.com/2024/05/13/pencom-registers-88213-new-rsas-in-q4-2023-as-stanbic-ibtc-access-pensions-stay-top/feed/ 0 488693 New SEC rules for private companies’ caps maximum capital raise at N15 billion https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/ https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/#respond Fri, 10 May 2024 05:15:17 +0000 https://nairametrics.com/?p=488493  The Securities and Exchange Commission (SEC) has announced new rules on issuance and allotment of private companies’ securities  

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]]> https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/feed/ 0 488493 FG eyes N450 billion from May 2024 bond auction https://nairametrics.com/2024/05/08/fg-eyes-n450-billion-from-may-2024-bond-auction/ https://nairametrics.com/2024/05/08/fg-eyes-n450-billion-from-may-2024-bond-auction/#respond Wed, 08 May 2024 10:31:54 +0000 https://nairametrics.com/?p=488265 The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the issuance of bonds worth N450 billion in its upcoming auction scheduled for May 13, 2024.

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]]> https://nairametrics.com/2024/05/08/fg-eyes-n450-billion-from-may-2024-bond-auction/feed/ 0 488265 DMO to issue May FGN Savings Bond at 17.4% and 18.4%, highest rates ever https://nairametrics.com/2024/05/06/dmo-to-issue-may-fgn-savings-bond-at-17-4-and-18-4-highest-rates-ever/ https://nairametrics.com/2024/05/06/dmo-to-issue-may-fgn-savings-bond-at-17-4-and-18-4-highest-rates-ever/#respond Mon, 06 May 2024 14:40:04 +0000 https://nairametrics.com/?p=488021 The two-year savings bond maturing on May 15, 2026, is to be offered at an interest rate of 17.407% per annum. And the three-year savings bond with a maturity date of May 15, 2027, features an interest rate of 18.407% per annum.

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]]> https://nairametrics.com/2024/05/06/dmo-to-issue-may-fgn-savings-bond-at-17-4-and-18-4-highest-rates-ever/feed/ 0 488021 Pension fund assets drop to N19.69 trillion in March – PenCom https://nairametrics.com/2024/05/06/pension-fund-assets-drop-to-n19-69-trillion-in-march-pencom/ https://nairametrics.com/2024/05/06/pension-fund-assets-drop-to-n19-69-trillion-in-march-pencom/#respond Mon, 06 May 2024 07:04:21 +0000 https://nairametrics.com/?p=487967 The total pension fund net asset value dropped to N19.669 trillion in March compared to N19.759 trillion reported a month earlier.

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]]> https://nairametrics.com/2024/05/06/pension-fund-assets-drop-to-n19-69-trillion-in-march-pencom/feed/ 0 487967 Analysis: 2023 Premium Pension Corporate and Pension Fund Accounts for the year ended December 2023 https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/ https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/#respond Mon, 29 Apr 2024 10:09:01 +0000 https://nairametrics.com/?p=487177 Premium Pension ended the 2023 financial year with 794,946 RSA holders in the 7 publicly available pension funds it manages.

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]]> https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/feed/ 0 487177 DMO sells treasury bills worth N2.669 trillion in March – Report https://nairametrics.com/2024/04/29/dmo-sells-treasury-bills-worth-n2-669-trillion-in-march-report/ https://nairametrics.com/2024/04/29/dmo-sells-treasury-bills-worth-n2-669-trillion-in-march-report/#respond Mon, 29 Apr 2024 07:46:45 +0000 https://nairametrics.com/?p=487149 The amount represents 3.07% % (N79.54 billion) Month-on-month (MoM) increase on the value of T-bills sold across its auctions in February 2024 (N2.589 trillion).

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]]> https://nairametrics.com/2024/04/29/dmo-sells-treasury-bills-worth-n2-669-trillion-in-march-report/feed/ 0 487149 Yield hungry investors gobble up over N362.4 billion in treasury bills https://nairametrics.com/2024/04/24/yield-hungry-investors-gobble-up-over-n362-4-billion-in-treasury-bills/ https://nairametrics.com/2024/04/24/yield-hungry-investors-gobble-up-over-n362-4-billion-in-treasury-bills/#respond Wed, 24 Apr 2024 18:14:54 +0000 https://nairametrics.com/?p=486775 The Central Bank of Nigeria (CBN) conducted a successful Treasury Bills (T-Bills) auction on April 24, 2024, where about N362.45 billion was raised across various maturities. This outcome demonstrates the market's appetite for government securities.

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]]> https://nairametrics.com/2024/04/24/yield-hungry-investors-gobble-up-over-n362-4-billion-in-treasury-bills/feed/ 0 486775 Ethical funds drive high returns in Nigerian mutual funds in Q1 2024 https://nairametrics.com/2024/04/22/ethical-funds-drive-high-returns-in-nigerian-mutual-funds-in-q1-2024/ https://nairametrics.com/2024/04/22/ethical-funds-drive-high-returns-in-nigerian-mutual-funds-in-q1-2024/#respond Mon, 22 Apr 2024 07:31:16 +0000 https://nairametrics.com/?p=486431 Nigerian mutual funds recorded average return of 10.76% in the first quarter of 2024, largely driven by the 30.89% yield printed by ethical funds during the period.

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]]> https://nairametrics.com/2024/04/22/ethical-funds-drive-high-returns-in-nigerian-mutual-funds-in-q1-2024/feed/ 0 486431 FG raises N627 billion in April bond auction amid competitive yields  https://nairametrics.com/2024/04/20/fg-raises-n627-billion-in-april-bond-auction-amid-competitive-yields/ https://nairametrics.com/2024/04/20/fg-raises-n627-billion-in-april-bond-auction-amid-competitive-yields/#respond Sat, 20 Apr 2024 10:10:28 +0000 https://nairametrics.com/?p=486346 The Debt Management Office (DMO) has disclosed that Federal Government of Nigeria raised N626.813 billion in its April 2024 FGN bond auction. 

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]]> https://nairametrics.com/2024/04/20/fg-raises-n627-billion-in-april-bond-auction-amid-competitive-yields/feed/ 0 486346 Recapitlisation: SEC to issue guidelines to facilitate capital raising https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/ https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/#respond Sat, 20 Apr 2024 08:39:23 +0000 https://nairametrics.com/?p=486334 The SEC is partnering with the Central Bank of Nigeria (CBN) and other relevant agencies to ensure a smooth process.

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]]> https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/feed/ 0 486334