10-year benchmark government bond yield inched up 40 basis points as domestic pension funds switched to short dated papers, traders said on Tuesday.

The 2024 bond, listed on the JP Morgan Government Bond Index (GB-EM), rose to 14.74 percent, from its previous close of 14.34 percent on Monday.

 

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp