RESEARCH & development
FMDA Economic Report Publications
Designed to provide market participants with timely, relevant, and authoritative insights across the financial markets, our publications cover a broad range of topics — from Economic Report Publications to Interbank and Exchange Rate analyses, among others.
FMDA publications serve as essential reference resources for market updates, policy review, and industry intelligence.
These reports bring together perspectives from regulators, market operators, financial institutions, and professionals — helping readers stay informed on current market developments, emerging trends, and the evolving landscape of the financial markets.
Economic Report Publications
Fixed Income
Auction Calendar
|
Auction Date
|
Instrument
|
Name
|
Issuer
|
Original Tenor
|
Term-To-Maturity
|
Status
|
Auction Type
|
Settlement Date
|
Range of Amount on Offer (₦'Bn)
|
|---|---|---|---|---|---|---|---|---|---|
|
Jan 15, 2026
|
FGN Bond
|
17.945% FGN AUG 2030
|
DMO
|
5Y
|
4 years, 10 month
|
Re-opening
|
Primary
|
Jan-16
|
₦800bn
|
|
Jan 15, 2026
|
FGN Bond
|
17.945% FGN AUG 2030
|
DMO
|
5Y
|
4 years, 10 month
|
Re-opening
|
Primary
|
Jan-16
|
₦800bn
|
Maturing Securities & Coupon Payment
|
Date
|
T-bills Maturities
|
OMO Maturities
|
FGN Bond Coupons
|
Corporate Bond Coupons
|
FGN Bond Maturities
|
Corporate Bond Maturities
|
Commercial Paper Maturities
|
FAAC (FG, States & LG)
|
Total Estimated Inflow
|
|---|---|---|---|---|---|---|---|---|---|
|
1/11/26
|
|
|
|
|
|
|
|
|
|
10-Year Bond Yield
|
Date
|
Nigeria
|
United Sates
|
United Kingdom
|
China
|
Japan
|
South Africa
|
Kenya
|
|---|---|---|---|---|---|---|---|
|
Jan 15, 2026
|
FGN Bond
|
17.945% FGN AUG 2030
|
DMO
|
5Y
|
4 years, 10 month
|
Re-opening
|
Primary
|
|
Jan 15, 2026
|
FGN Bond
|
17.945% FGN AUG 2030
|
DMO
|
5Y
|
4 years, 10 month
|
Re-opening
|
Primary
|
Interbank & Exchange Rate
Interbank Rate
Meetings designed for treasury professionals to discuss operational challenges, market trends, regulatory updates, and best practices relevant to treasury functions.
|
Date
|
OVN
|
OPR
|
|---|---|---|
|
1/11/26
|
22.5
|
22.75
|
|
22/11/26
|
22.5
|
22.76
|
Exchange Rate
Meetings designed for treasury professionals to discuss operational challenges, market trends, regulatory updates, and best practices relevant to treasury functions.
|
Date
|
Dollar ($)
|
Pounds (£)
|
Euro (€)
|
|---|---|---|---|
|
11/11/25
|
1445.20
|
1500
|
1800
|
|
11/11/25
|
1445.20
|
1500
|
1800
|
