Nigeria’s bond, T-bill market turnover surge 137.49%

Nigeria’s fixed income secondary market recorded a sharp increase in trading activity during the week ended June 19, 2026, with Treasury bill turnover rising 137.49% to N1.51 trillion and FGN bond trading volume increasing 75.91% to N1.20 trillion.

Data compiled from the Financial Markets Dealers Association (FMDA) weekly research showed that yields across both markets also moved higher, reflecting bearish sentiment and persistent inflation concerns that continue to shape domestic fixed income pricing.

The data points to an active repricing cycle in Nigeria’s fixed income market, with investors increasing trading activity while demanding higher returns, pushing yields higher across most maturities despite declining yields in major global bond markets.