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Nigeria's Fixed-Income Trading Hits N1.06 Trillion

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Nigeria's Fixed-Income Trading Hits N1.06 Trillion

On June 4, 2026, fixed-income trading in Nigeria reached N1.06 trillion, according to data released by the Central Bank of Nigeria (CBN). This surge was attributed to intense demand for short-term government debt instruments, particularly Nigerian treasury bills, which accounted for half of the total market volume.

A total of 551 trades were executed, with the treasury bill segment leading the market with 340 trades and a volume of N668.01 billion. The standout instrument was a treasury bill maturing in June 2027, which absorbed a significant liquidity block of N65 billion at a close rate of 19.09%.

The CBN's open market operations drew interest from institutional players, particularly in ultra-short positions. The breakdown of trading activity showed that CBN's OMO bills recorded a total volume of N224.41 billion across 43 trades.

The FGN bond market also maintained steady long-term interest, with 168 trades and a total volume of N170.36 billion.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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