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Article: Nigeria: OTC records N209b transactions in one week.
- Article from:
- TendersInfo
- Article date:
- March 17, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sander03
THE Over-The-Counter (OTC) bond market recorded a turnover of 210 million units worth N208.91 billion in 869 deals, in contrast to a total of 301.54 million units valued at N305.3 billion exchanged in 1912 deals.The 4th FGN Bond 2010 series 14 was the most active bond with a traded volume of 34.5 million units valued at N34.5 billion in 69 deals, followed by the 5th FGN Bond 2013 series 1 with a traded volume of 29.51 million units valued at N28.7 billion in 67 deals, with 24 of the available 39 FGN Bonds been traded during the week compared to 29 in the preceding week.Meanwhile, four companies presented their scorecards to their shareholders on ...