• 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.
AVA Global Asset Managers Limited Rings Closing Gong at Nigeria Exchange Group to Mark the Successful listing of the AVA Infrastructure Fund Series 1 Issuance