NewStats: 3,259,611 , 8,170,593 topics. Date: Sunday, 25 May 2025 at 05:07 PM 2qa4g

In the second quarter of 2024, Nigerian bonds experienced significant sell-offs as investors prioritized good governance over high yields. This shift reflects a broader change in risk appetite among global investors, particularly in emerging markets.

Key Highlights:

• Bond Index Decline: The S&P/FMDQ Sovereign Bond Index dropped by 7.82%, falling from N593.86 billion in March 2024 to N547.61 billion by June 2024.
• Governance Concerns: Investors’ worries about governance overshadowed the attractive returns from bonds, especially as the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate to a historic 26.25% to combat rising inflation, which hit 34.19% by the end of Q2.
• Increased Borrowing: [/b]The Federal Government auctioned N1.23 trillion in bonds during Q2, leading to a temporary retracement in yields.
• [b]Pension Fund Investments: [/b]Investments in Federal Government Securities rose by 6.22%, growing from N12.20 trillion to N12.96 trillion in the same period.


The second quarter of 2024 marked a volatile period for Nigerian bonds, driven by investor concerns over governance and the economic environment. While the Federal Government ramped up bond sales, [b]the overall sentiment reflected a cautious approach among investors, impacting bond performance.

https://nairametrics.com/2024/09/22/investors-sell-off-nigerian-bonds-over-good-governance-concerns-amid-high-yields-report/

It's just a little fall. Nigeria dollar bond was oversubscribed few weeks ago

hevlinotito:
Ebolanomics ?

Child of hate. Common sense you no get!

Na statistics we go chop? Ebola, 2022

Ikumapkayi:


Child of hate. Common sense you no get!

And you think, na u get common sense abi

pls let's hands and vote APC till 3035 pls

ObosiLandlord:
It's just a little fall. Nigeria dollar bond was oversubscribed few weeks ago

who is telling the truth?

Monday morning,no be statistics we go chop...
I sell herbs tho

T pain

ObosiLandlord:
It's just a little fall. Nigeria dollar bond was oversubscribed few weeks ago

That was the domestic dollar bond which was for Nigerians to buy.

ObosiLandlord:
It's just a little fall. Nigeria dollar bond was oversubscribed few weeks ago

Just like the little fall in dollar exchange rate that has failed to reflect in the price of goods and services?
When will the little fall reach Tinubu's NGN300/USD1 short term target

Ikumapkayi:


Child of hate. Common sense you no get!

You that is talking do you have sense

No one wants lies and deceits especially when the numbers aren’t even adding up. Everyday borrowing to fund a blurted government. In addition to excessive interest payment.
How long will this be sustained before there will be default?

Na statistics we go chop?? Give us agbado n ewedu.. ronu

This is still Genesis, we are in for a long thing

======> Big problem ahead ======>

One big function of government is to sell HOPE! This government have done nothing but sell hopelessness!
If and when investor stops buying into whatever the government is selling, as they are already doing, then there will be a VERY big problem funding the government.

Sadden inh

When a writer uses the words "suggest" or "reflect" in an article, take caution. The article is a personal opinion and not a matter of fact.

Hmmm

I don like and share your business. 😃

Talkisneeded:
Monday morning,no be statistics we go chop...
I sell herbs tho

I don like and share your business. 😃

Talkisneeded:
Monday morning,no be statistics we go chop...
I sell herbs tho

A wise man once said: I've never seen a country where its yesterdays are always better than its tomorrows, as is the case with Nigeria.

ANOTHER LAMBA

Tinubu policies are working

Nigerians please be patient.

ObosiLandlord:
It's just a little fall. Nigeria dollar bond was oversubscribed few weeks ago

A little fall? Obviously, you know nothing about how the markets work. This is a serious issue, shows there are massive underlying problems.

Ezeego1:


Tinubu policies are working

Nigerians please be patient.

Wonder how much you are being paid... His policies must be working only for your own greed. Swear , make Ogun kill your firstborn if you are not lying about his policies working?

Ikumapkayi:


Child of hate. Common sense you no get!

Aturu. Akoi common sense?
If you have common sense, your senselessness and stupidity should first ask who is our president, and who do they report to concerning finances and all. Iberibe gi n'aju mmadu ma onwere common sense. Ozu anuohia.

malali:


https://nairametrics.com/2024/09/22/investors-sell-off-nigerian-bonds-over-good-governance-concerns-amid-high-yields-report/

They are cashing out big time and many probably have rebalanced their portfolio to take advantage of the first ever dollar denominated local bond.

Investors are in it for the money and Nigeria is doing great for them.

wow