Trading activity in Nigeria's fixed-income market increased in September, with the face value of transactions rising by 12.1% to N41.07 trillion from N36.62 trillion in August. The number of trades also rose to 11,652 from 9,192. OMO bills remained the dominant instrument, accounting for N28.05 trillion of the total face value traded, up from N26.30 trillion in August. The value of OMO bills traded increased by about 6.7%, while the number of trades rose from 4,037 to 5,485.
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