Fixed Income Archives - Nairametrics https://nairametrics.com/category/market-news/fixed-income/ Destination for Business news and analysis from Africa's largest economy Thu, 15 Aug 2024 14:05:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 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 Nigeria to issue $500 million domestic dollar bond on Monday   https://nairametrics.com/2024/08/15/nigeria-to-issue-500-million-domestic-dollar-bond-on-monday/ https://nairametrics.com/2024/08/15/nigeria-to-issue-500-million-domestic-dollar-bond-on-monday/#respond Thu, 15 Aug 2024 11:53:39 +0000 https://nairametrics.com/?p=495857 The Federal Government of Nigeria plans to issue its dollar-denominated domestic bond next week Monday, as it hopes to raise $500 million from local and foreign investors.  

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FG seeks N190 billion from bond market in August, lowest offer in 2024  https://nairametrics.com/2024/08/15/fg-seeks-n190-billion-from-bond-market-in-august-lowest-offer-in-2024/ https://nairametrics.com/2024/08/15/fg-seeks-n190-billion-from-bond-market-in-august-lowest-offer-in-2024/#respond Thu, 15 Aug 2024 07:16:19 +0000 https://nairametrics.com/?p=495828 The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise N190 billion from the bond market in August 2024. 

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CBN incurs N1.55 trillion interest from T-Bills sales in first half of 2024  https://nairametrics.com/2024/08/13/cbn-incurs-n1-55-trillion-interest-from-t-bills-sales-in-first-half-of-2024/ https://nairametrics.com/2024/08/13/cbn-incurs-n1-55-trillion-interest-from-t-bills-sales-in-first-half-of-2024/#respond Tue, 13 Aug 2024 15:30:59 +0000 https://nairametrics.com/?p=495713 The Central Bank of Nigeria has incurred an estimated N1.55 trillion in interest payments for the 12 successful Treasury Bills (T-Bills) auctions conduced in the first six months of 2024. 

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Nigerian Eurobonds that can earn you $1,000 for every $10,000 invested Tax-Free https://nairametrics.com/2024/08/11/nigerian-eurobonds-that-can-earn-you-1000-for-every-10000-invested-tax-free/ https://nairametrics.com/2024/08/11/nigerian-eurobonds-that-can-earn-you-1000-for-every-10000-invested-tax-free/#respond Sun, 11 Aug 2024 09:00:56 +0000 https://nairametrics.com/?p=495569 As of August 8, 2024, several Nigerian Eurobonds are offering yields above 9%, making them incredibly attractive to investors.

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CBN drops stop rate on one-year Treasury Bills to 21.889% in latest August auction  https://nairametrics.com/2024/08/08/cbn-drops-stop-rate-on-one-year-treasury-bills-to-21-889-in-latest-august-auction/ https://nairametrics.com/2024/08/08/cbn-drops-stop-rate-on-one-year-treasury-bills-to-21-889-in-latest-august-auction/#respond Thu, 08 Aug 2024 10:15:43 +0000 https://nairametrics.com/?p=495459 The Central Bank of Nigeria (CBN) has adjusted the stop rate on one-year Treasury Bills (T-Bills) to 21.889% in its latest auction held on August 7, 2024. 

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FG to sell $500 million dollar-denominated bonds, targets 200% subscription  https://nairametrics.com/2024/08/07/fg-to-sell-500-million-dollar-denominated-bonds-targets-200-subscription/ https://nairametrics.com/2024/08/07/fg-to-sell-500-million-dollar-denominated-bonds-targets-200-subscription/#respond Wed, 07 Aug 2024 05:30:23 +0000 https://nairametrics.com/?p=495364 The Federal Government of Nigeria has launched its Series I Domestic USD Bond, as it hopes to raise at least $500 million from local and international investors. 

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Nigerian University Pension Management Company 2023 audited company and pension funds’ accounts https://nairametrics.com/2024/08/02/nigerian-university-pension-management-company-2023-audited-company-and-pension-funds-accounts/ https://nairametrics.com/2024/08/02/nigerian-university-pension-management-company-2023-audited-company-and-pension-funds-accounts/#respond Fri, 02 Aug 2024 11:22:09 +0000 https://nairametrics.com/?p=494871 The Nigerian University Pension Management Company, known for short as Nupemco published its 2023 summary audited accounts, providing an abridged, but insightful overview of the company’s financial health and pension funds’ performance. This report provides a summary review and presents key financial highlights, financial ratios, managed funds’ performance, and the trend in the number of […]

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Analysis: Veritas Glanvills Pensions 2023 audited company and pension fund accounts https://nairametrics.com/2024/08/02/analysis-veritas-glanvills-pensions-2023-audited-company-and-pension-fund-accounts/ https://nairametrics.com/2024/08/02/analysis-veritas-glanvills-pensions-2023-audited-company-and-pension-fund-accounts/#respond Fri, 02 Aug 2024 06:04:32 +0000 https://nairametrics.com/?p=494861 Veritas Glanvills Pensions published its 2023 audited accounts. This is a summary review, and it presents key financial highlights, financial ratios, fund performance, and the trend in the number of Retirement Savings Account (RSA) holders. Financial Highlights Total Revenue: Total revenue for the company rose 21% to N2.43 billion in 2023, up from N2.00 billion […]

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Analysis: NPF Pensions 2023 audited company and pension funds’ accounts https://nairametrics.com/2024/07/29/analysis-npf-pensions-2023-audited-company-and-pension-funds-accounts/ https://nairametrics.com/2024/07/29/analysis-npf-pensions-2023-audited-company-and-pension-funds-accounts/#respond Mon, 29 Jul 2024 13:00:34 +0000 https://nairametrics.com/?p=494675 NPF Pensions published its 2023 summary audited accounts, providing a short, but insightful overview of the company’s financial health and pension funds’ performance.

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Nigerian government to issue $500 million dollar-denominated domestic bond  https://nairametrics.com/2024/07/25/nigerian-government-to-issue-500-million-dollar-denominated-domestic-bond/ https://nairametrics.com/2024/07/25/nigerian-government-to-issue-500-million-dollar-denominated-domestic-bond/#respond Thu, 25 Jul 2024 15:58:05 +0000 https://nairametrics.com/?p=494403 The federal government has announced plans to issue $500 million in domestic foreign currency-denominated bonds in three to four weeks’ time. 

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CBN sells one-year Treasury Bills at 22.1% in July auction  https://nairametrics.com/2024/07/25/cbn-sells-one-year-treasury-bills-at-22-1-in-july-auction/ https://nairametrics.com/2024/07/25/cbn-sells-one-year-treasury-bills-at-22-1-in-july-auction/#respond Thu, 25 Jul 2024 06:30:43 +0000 https://nairametrics.com/?p=494337 The Central Bank of Nigeria (CBN) has sold one-year Treasury Bills (T-Bills) at a stop rate of 22.1% during its July 24 auction. 

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Analysis: Fidelity Pension Managers 2023 audited company and fund accounts https://nairametrics.com/2024/07/24/analysis-fidelity-pension-managers-2023-audited-company-and-fund-accounts/ https://nairametrics.com/2024/07/24/analysis-fidelity-pension-managers-2023-audited-company-and-fund-accounts/#respond Wed, 24 Jul 2024 07:39:11 +0000 https://nairametrics.com/?p=494245 Fidelity Pension Managers recently published its 2023 audited accounts, providing a summary overview of its financial health and fund performance.

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Federal government raises N225.71 billion from July auction as investors shun short-term bonds https://nairametrics.com/2024/07/23/federal-government-raises-n225-71-billion-from-july-auction-as-investors-shun-short-term-bonds/ https://nairametrics.com/2024/07/23/federal-government-raises-n225-71-billion-from-july-auction-as-investors-shun-short-term-bonds/#respond Tue, 23 Jul 2024 08:28:00 +0000 https://nairametrics.com/?p=494150 The federal government has raised N225.714 billion in the July 2024 bond auction, which is about 75% of its target as demand for short-term bonds weakens.

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Nigeria’s first Sukuk bond of N100 billion to mature in September this year  https://nairametrics.com/2024/07/21/nigerias-first-sukuk-bond-of-n100-billion-to-mature-in-september-this-year/ https://nairametrics.com/2024/07/21/nigerias-first-sukuk-bond-of-n100-billion-to-mature-in-september-this-year/#respond Sun, 21 Jul 2024 12:42:57 +0000 https://nairametrics.com/?p=493995 Nigeria's first Sukuk bond of N100 billion, which was issued on September 26, 2017, is set to mature on September 26, 2024. 

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CBN to invest dormant account deposits in Treasury Bills and government securities https://nairametrics.com/2024/07/19/cbn-to-invest-cash-in-dormant-account-in-treasury-bills-other-govt-securities/ https://nairametrics.com/2024/07/19/cbn-to-invest-cash-in-dormant-account-in-treasury-bills-other-govt-securities/#respond Fri, 19 Jul 2024 17:03:37 +0000 https://nairametrics.com/?p=493881 The Central Bank of Nigeria (CBN) has disclosed that it may invest funds from unclaimed balances in Nigerian Treasury Bills (NTBs) and other government securities. 

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Analysis: FCMB Pensions reports 28% revenue growth in 2023 amid rising operating expenses https://nairametrics.com/2024/07/18/analysis-fcmb-pensions-reports-28-revenue-growth-in-2023-amid-rising-operating-expenses/ https://nairametrics.com/2024/07/18/analysis-fcmb-pensions-reports-28-revenue-growth-in-2023-amid-rising-operating-expenses/#respond Thu, 18 Jul 2024 06:37:08 +0000 https://nairametrics.com/?p=493538 FCMB Pensions 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance.

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Top Nigerian insurance firms pay N40.439 billion in claims in Q1 2024  https://nairametrics.com/2024/07/17/top-nigerian-insurance-firms-pay-n40-439-billion-in-claims-in-q1-2024/ https://nairametrics.com/2024/07/17/top-nigerian-insurance-firms-pay-n40-439-billion-in-claims-in-q1-2024/#respond Wed, 17 Jul 2024 05:18:12 +0000 https://nairametrics.com/?p=493594 Leading insurance companies in Nigeria disbursed N40.439 billion in claims during the first quarter of 2024, compared to N33.869 billion in the same period of 2023, reflecting a growth of 19.40%.  

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Analysis: Norrenberger grows revenue by 44%, cuts losses by 91% in FY 2023 https://nairametrics.com/2024/07/12/analysis-norrenberger-grows-revenue-by-44-cuts-losses-by-91-in-fy-2023/ https://nairametrics.com/2024/07/12/analysis-norrenberger-grows-revenue-by-44-cuts-losses-by-91-in-fy-2023/#respond Fri, 12 Jul 2024 09:53:31 +0000 https://nairametrics.com/?p=493143 Norrenberger Pensions published its 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance.

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Investment tribunal has resolved over 480 capital market disputes worth N868 billion – Amos Azi  https://nairametrics.com/2024/07/12/investment-tribunal-has-resolved-over-480-capital-market-disputes-worth-n868-billion-amos-azi/ https://nairametrics.com/2024/07/12/investment-tribunal-has-resolved-over-480-capital-market-disputes-worth-n868-billion-amos-azi/#respond Fri, 12 Jul 2024 08:19:21 +0000 https://nairametrics.com/?p=493135 Chairman of the Investments and Securities Tribunal (IST), Mr. Amos Azi has disclosed that the tribunal has so far given judgment on over 480 capital market disputes worth over N868 billion. 

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Analysis: Guaranty Trust Pension Managers AUM rises by 51.7% in 2023 https://nairametrics.com/2024/07/11/analysis-guaranty-trust-pension-managers-aum-rises-by-51-7-in-2023/ https://nairametrics.com/2024/07/11/analysis-guaranty-trust-pension-managers-aum-rises-by-51-7-in-2023/#respond Thu, 11 Jul 2024 08:19:45 +0000 https://nairametrics.com/?p=493030 Guaranty Trust Pension Managers 2023 corporate and pension fund audited accounts

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