Part 1/5:

An Overview of Fixed Income Markets in January: Insights for February

As January unfolds, the fixed income markets have already showcased significant trends and movements that have intrigued industry observers. In a recent discussion, Chuka, the Group Head of Asset Liability Management and Balance Sheet Management at UBA, provided insights into the performance of these markets throughout the month.

January Liquidity Surge

January began positively, marked by an influx of liquidity in the financial system. Chuka noted that over 1.5 trillion to 1.6 trillion naira entered the market, primarily driven by coupon payments and maturities from various bonds. This substantial liquidity has played a pivotal role in stimulating activity within the fixed income market.