Leadership (Abuja)
Aminu Imam
15 October 2008
Investors at the Nigerian Stock Exchange (NSE), have continued to intensify interest in the bond market due to the dominance of the bears in the market.
Meanwhile, Over-the-Counter (OTC) bond market segment of the Exchange, recorded a turnover of N1.07 trillion in 9,349 deals as at the end of September 2008.
A breakdown of the weekly activities of the OTC bond in the period under review indicated that investors for the week ended September 5, traded a turnover of 304.8 million units, worth N301 billion recorded in 2,502 deals.
The most active bond measured by turnover volume during the period was the 4th FGN Bond 2014 series 11 with a traded volume of 42.4 million units valued at N417 billion in 420 deals.
It would be recalled that investors for the week ended September 19, traded a turnover of 208.7 million units, worth N209.73 billion exchanged in 1,714 deals.
The most active bond in the period was the 5th FGN Bond 2018 series 2, having recorded a turnover volume of 25.1 million units valued at N3.4 billion in 171 deals.
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