By Dipo Olowookere The $1.250 billion Eurobond sold to offshore investors in March 2022 by the federal government of Nigeria has been listed at the Nigerian Exchange (NGX) Limited and the FMDQ Securities Exchange Limited. The dual listing on the domestic exchanges was done by the Debt Management Office (DMO). It was after the paper… Continue reading DMO Lists $1.250bn Eurobond on NGX, FMDQ
Tag: FMDQ
Nigeria Can Fund International Capital Market But…—FMDQ
By Ashemiriogwa Emmanuel Africa’s vertically integrated financial market infrastructure, FMDQ Group, has urged Nigeria to conceive a way its domestic capital market could fund the international capital market. This is necessary for Nigeria to pluck its infrastructural rewards, the Managing Director of the exchange, Mr Bola Koko, emphasised during his input at the recently held… Continue reading Nigeria Can Fund International Capital Market But…—FMDQ
Fixed Income, Currency Transactions on FMDQ Jump 49.5%
By Adedapo Adesanya FMDQ Securities Exchange has recorded a 49.5 per cent or N5.1 trillion growth in turnover in the Fixed Income and Currency (FIC) in the month of June. In its monthly FIC report, the exchange said last month, fixed income and currency transactions stood at N15.31 trillion compared with N10.24 trillion in May… Continue reading Fixed Income, Currency Transactions on FMDQ Jump 49.5%
FMDQ Fixed Income Currency Operations Rise 13.7% in July
By Adedapo Adesanya FMDQ Securities Exchange achieved a 13.7 per cent growth in its turnover in its Fixed Income and Currency (FIC) operations in the month of July. Data from the exchange said the turnover for the month rose to N18.7 trillion from N16.5 trillion achieved in June 2020. Giving a breakdown, a report from… Continue reading FMDQ Fixed Income Currency Operations Rise 13.7% in July
COVID-19: FMDQ Lists N23bn Debt Securities
By Adedapo Adesanya FMDQ Securities Exchange Limited said it admitted over N23 billion worth of debt securities in the midst of coronavirus (COVID-19) pandemic. The exchange, in a statement on Monday, noted that the current business climate, affected by the impact of the global health pandemic, has seen most corporates and business entities look to… Continue reading COVID-19: FMDQ Lists N23bn Debt Securities
Primero Lists N16.5bn Bond on FMDQ
By Dipo Olowookere The N16.5 billion Series 1 fixed rate bond of Primero BRT Securitisation SPV Plc has been admitted on the trading platform of the FMDQ Securities Exchange Plc. Business Post reports that the special purpose vehicle was set up by Primero Transport Services Limited, a private limited liability company that provides public transportation… Continue reading Primero Lists N16.5bn Bond on FMDQ
FMDQ Holds Nigerian Debt Capital Markets Sensitisation Session
By Dipo Olowookere Providing an enabling environment for businesses and their associated activities to thrive remains a key goal of governments and indeed, a main driver of economic growth. It is for this reason and more that the Ease of Doing Business Reform lends itself a barometer to measure reforms, including but not limited to… Continue reading FMDQ Holds Nigerian Debt Capital Markets Sensitisation Session
Investors Trade N45.7tr T-Bills, N8tr FGN Bonds in 8 Months
By Modupe Gbadeyanka Treasury bills worth N45.7 trillion were transacted on the floor of the FMDQ OTC Market from January 2018 to August 2018, Business Post has learnt. According to the data obtained from the FMDQ OTC Market Turnover Report, this represents 39.48 percent of the total market turnover for the period under review, which… Continue reading Investors Trade N45.7tr T-Bills, N8tr FGN Bonds in 8 Months
FMDQ, S&P Dow Jones Indices Begin Co-branding of Indices
By Modupe Gbadeyanka FMDQ OTC Securities Exchange (FMDQ), the foremost debt capital, foreign exchange and derivatives over-the-counter (OTC) securities exchange in Nigeria, and S&P Dow Jones Indices (S&P DJI), the world’s leading provider of financial market indices, had in 2017, announced the signing of a cooperation agreement to create and launch co-branded fixed income indices.… Continue reading FMDQ, S&P Dow Jones Indices Begin Co-branding of Indices
FMDQ Trades $13.6b OTC FX Futures Contracts
By Modupe Gbadeyanka On Wednesday, May 30, 2018, with the consistent support provided by the Central Bank of Nigeria (CBN), another OTC FX Futures contract, the 23rd, NGUS MAY 30, 2018, successfully matured and settled at the market. This has brought the total value of contracts so far matured and settled on FMDQ to about… Continue reading FMDQ Trades $13.6b OTC FX Futures Contracts