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Bond Yields Fall as Investors Pile Into Naira Assets
The Business NG
|The BusinessNG
The benchmark yield on Nigerian Federal Government bonds dropped by 19 basis points to 18.64% on Thursday, driven by strong demand in the secondary market as investors continue to reposition ahead of next week's bond auction.
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Investor appetite for naira-denominated assets has surged, buoyed by signs of tighter bond supply in 2025 and the government's reduced reliance on local borrowing. Analysts suggest the fiscal space created by fuel subsidy removal is easing pressure to borrow aggressi
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