• The Nigerian Treasury Bills market observed some buying interests, leading to a bullish close. The average yield across the NTB papers decreased by 10bps to 26.08% down from the previous trading day’s 26.18%.
• The FGN Bond market, closed bearish with significant sell offs in the 2029 papers, which drove the average yield up to 19.52% from 19.36% the day before.
. The Debt Management Office (DMO) rescheduled the FGN bond auction earlier scheduled for August 12 to August 19.
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