FMDQ Exchange – Africa’s Fixed Income, Currencies & Derivatives markets.

Platform for Efficient Capital
Formation, Best Execution and
Reliable Financial Market Data

To be the most attractive Exchange in Africa by 2026.

fx Futures

NGUS JUN 24 2026 : 0.00
NGUS JUL 29 2026 : 0.00
NGUS AUG 26 2026 : 0.00
NGUS SEP 30 2026 : 0.00
NGUS OCT 28 2026 : 0.00
NGUS NOV 25 2026 : 0.00
NGUS DEC 30 2026 : 0.00
NGUS JAN 27 2027 : 0.00
NGUS FEB 24 2027 : 0.00
NGUS MAR 31 2027 : 0.00
NGUS APR 28 2027 : 0.00
NGUS MAY 26 2027 : 0.00
NGUS JUN 30 2027 : 0.00
NGUS JUL 28 2027 : 0.00
NGUS SEP 29 2027 : 0.00
NGUS DEC 29 2027 : 0.00
NGUS MAR 29 2028 : 0.00
NGUS JUN 28 2028 : 0.00
NGUS SEP 27 2028 : 0.00
NGUS DEC 27 2028 : 0.00
NGUS MAR 28 2029 : 0.00
NGUS OCT 27 2027 : 0.00
NGUS NOV 24 2027 : 0.00
NGUS DEC 29 2027 : 0.00
NGUS JAN 26 2028 : 0.00
NGUS FEB 23 2028 : 0.00
NGUS MAR 29 2028 : 0.00
NGUS APR 26 2028 : 0.00
NGUS MAY 31 2028 : 0.00
NGUS JUN 28 2028 : 0.00
NGUS JUL 26 2028 : 0.00
NGUS AUG 30 2028 : 0.00
NGUS SEP 27 2028 : 0.00
NGUS OCT 25 2028 : 0.00
NGUS NOV 29 2028 : 0.00
NGUS DEC 27 2028 : 0.00
NGUS JAN 31 2029 : 0.00
NGUS FEB 28 2029 : 0.00
NGUS MAR 28 2029 : 0.00
NGUS APR 30 2029 : 0.00
NGUS MAY 30 2029 : 0.00
NGUS JUN 27 2029 : 0.00
NGUS JUL 25 2029 : 0.00
NGUS AUG 29 2029 : 0.00
NGUS SEP 26 2029 : 0.00
NGUS OCT 31 2029 : 0.00
NGUS NOV 28 2029 : 0.00
NGUS DEC 26 2029 : 0.00
NGUS JAN 30 2030 : 0.00
NGUS FEB 27 2030 : 0.00
NGUS MAR 27 2030 : 0.00
NGUS APR 24 2030 : 0.00
NGUS MAY 29 2030 : 0.00
NGUS JUN 26 2030 : 0.00
NGUS JUL 31 2030 : 0.00
NGUS AUG 28 2030 : 0.00
NGUS SEP 25 2030 : 0.00
NGUS OCT 30 2030 : 0.00
NGUS NOV 27 2030 : 0.00
NGUS DEC 25 2030 : 0.00

FI CLOSING RATES/PRICES

^13.98 23-FEB-2028 : 97.507 : 16.1
^21.00 20-MAR-2028 : 105.834 : 16.1
^19.30 17-APR-2029 : 105.781 : 16.35
^14.55 26-APR-2029 : 97.886 : 15.6
^18.50 21-FEB-2031 : 104.4 : 16.99
^12.50 27-APR-2032 : 84.824 : 16.84
^19.89 15-MAY-2033 : 111.541 : 16.9
^19.00 21-FEB-2034 : 108.342 : 16.95
^12.1493 18-JUL-2034 : 79.921 : 16.88
^12.50 27-MAR-2035 : 80.736 : 16.86
^12.40 18-MAR-2036 : 79.122 : 16.9
^16.2499 18-APR-2037 : 96.311 : 17.01
^15.45 21-JUN-2038 : 92.028 : 17.03
^13.00 21-JAN-2042 : 85.829 : 15.43
^14.80 26-APR-2049 : 100.191 : 14.77
^12.98 27-MAR-2050 : 87.25 : 14.95
^15.70 21-JUN-2053 : 106.944 : 14.65
16.00 VIATHAN (GTD) 14-DEC-2027 : 98.41 : 18.65
14.50 MTNN IB 30-SEP-2032 : 87.96 : 17.86
13.30 ARDOVA PLC IA 12-NOV-2028 : 95.23 : 18.81
16.20 UNION III 27-JUN-2029 : 94.12 : 19.08
14.90 NMRC I 29-JUL-2030 : 96.32 : 17.09
13.80 NMRC II 15-MAR-2033 : 90.09 : 17.63
15.60 NSP-SPV GB (GTD) 27-FEB-2034 : 88.61 : 18.48
17.25 LAGOS IIB 11-AUG-2027 : 99.11 : 18.73
NTB 5-Nov-26 : 17.9 : 17.96
NTB 3-Dec-26 : 17.01 : 17.29
NTB 7-Jan-27 : 16.5 : 17.04
NTB 4-Feb-27 : 16.79 : 17.58
NTB 4-Mar-27 : 16.6 : 17.61
NTB 8-Apr-27 : 16.48 : 17.77
NTB 6-May-27 : 16.33 : 17.83
NTB 3-Jun-27 : 16.7 : 18.54
NTB 8-Jul-27 : 16.51 : 18.63
NTB 12-Aug-27 : 16.25 : 18.63
NTB 9-Sep-27 : 16.07 : 18.66
NTB 7-Oct-27 : 15.7 : 18.42
OMO 1-Dec-26 : 18.88 : 19.2
OMO 12-Jan-27 : 17.98 : 18.67
OMO 2-Feb-27 : 17.34 : 18.17
OMO 2-Mar-27 : 17.57 : 18.68
OMO 6-Apr-27 : 17.23 : 18.63
OMO 22-Jun-27 : 16.3 : 18.22
AGRO CP IV 7-DEC-26 : 22.58 : 23.13
DAIL CP II 26-NOV-26 : 20.98 : 21.32
JVIL CP XXIV 29-DEC-26 : 21.98 : 22.82
EMZO CP II 14-JAN-27 : 21.44 : 22.46
SKIS CP II 1-APR-27 : 20.61 : 22.56
SUNB III 8-MAR-27 : 20.1 : 21.65
SGHL CP IV 11-MAR-27 : 19.81 : 21.34
TELE CP IC 7-APR-27 : 21.71 : 23.99
OJAJ CP III 24-MAY-27 : 20.1 : 22.67

FI FUTURES

24 DEC26 BF02 : 99.15
18 MAR27 BF02 : 100.86
17 JUN27 BF02 : 102.75
23 SEP27 BF02 : 104.82
24 DEC26 BF05 : 105.78
18 MAR27 BF05 : 107.34
17 JUN27 BF05 : 109.05
23 SEP27 BF05 : 110.93
24 DEC26 BF10 : 112.75
18 MAR27 BF10 : 114.41
17 JUN27 BF10 : 113.00
23 SEP27 BF10 : 101.90
24 DEC26 BF15 : 86.91
18 MAR27 BF15 : 88.47
17 JUN27 BF15 : 90.20
23 SEP27 BF15 : 92.09
24 DEC26 BF30 : 101.69
18 MAR27 BF30 : 103.67
17 JUN27 BF30 : 112.26
23 SEP27 BF30 : 114.81

FMDQ Securities Exchange Limited, registered by Securities and Exchange Commission (SEC), as an over-the-counter Market (2012) and subsequently as a Securities Exchange (2019), is focused on organising the markets within its purview and creating an efficient platform for the registration, listing, quotation, trading and reporting of securities and financial products.

CORPORATE ACTION CALENDAR

Fixed Income & Currencies Markets Monthly Report

Fixed Income and Currency Monthly Report

DATA

Markets

Fixings

Products

Indices

Markets

Debt

Money

Description	Rate ($/₦)	Change (%)	DATE	.
–	–	–	–	–

Debt

Description	₦’trn	DATE
Size	141.86	October 29, 2026

Money

Description	Rate (%)	Change (%)	DATE	.
O/N	20.38	0.03	October 29, 2026
OPR	20.00	0.00	October 29, 2026

O/N – Overnight
OPR – Open Repo

Fixings

Nafex

Nibor

Nitty

Nafex

Description	Rate ($/₦)	Change (%)	DATE	.
–	–	–

NAFEX – Nigerian Autonomous Foreign Exchange Fixing

Nibor

Tenor	Rate (%)	Change (%)	DATE
O/N	20.2500	0.04	October 28, 2026
1M	20.6143	0.06	October 28, 2026
3M	21.0000	0.16	October 28, 2026
6M	21.4571	0.25	October 28, 2026

NIBOR – Nigerian Inter-bank Offered Rate

Nitty

Tenor	Rate (%)	Change (%)	DATE
1M	16.9474	-0.02	October 28, 2026
3M	17.2994	0.04	October 28, 2026
6M	17.7369	0.04	October 28, 2026
9M	18.4850	0.03	October 28, 2026
12M	18.4577	0.00	October 28, 2026

NITTY – Nigerian Inter-bank Treasury Bills True Yields

Products

Bonds

Bills

CPs

Cleared Naira-Settled NDFs

ETD FX FUTURES

FGN BOND FUTURES

Bonds

Description	Price	Yield	Change (%)	DATE
^13.98 23-FEB-2028	97.51	16.10	0.00	October 29, 2026
^21.00 20-MAR-2028	105.83	16.10	0.00	October 29, 2026
^19.30 17-APR-2029	105.78	16.35	0.00	October 29, 2026
^14.55 26-APR-2029	97.89	15.60	0.00	October 29, 2026
^18.50 21-FEB-2031	104.40	16.99	0.24	October 29, 2026
^12.50 27-APR-2032	84.82	16.84	0.00	October 29, 2026
^19.89 15-MAY-2033	111.54	16.90	0.02	October 29, 2026
^19.00 21-FEB-2034	108.34	16.95	0.00	October 29, 2026
^12.1493 18-JUL-2034	79.92	16.88	0.00	October 29, 2026
^12.50 27-MAR-2035	80.74	16.86	0.00	October 29, 2026
^12.40 18-MAR-2036	79.12	16.90	0.00	October 29, 2026
^16.2499 18-APR-2037	96.31	17.01	0.16	October 29, 2026
^15.45 21-JUN-2038	92.03	17.03	0.00	October 29, 2026
^13.00 21-JAN-2042	85.83	15.43	0.00	October 29, 2026
^14.80 26-APR-2049	100.19	14.77	0.00	October 29, 2026
^12.98 27-MAR-2050	87.25	14.95	0.00	October 29, 2026
^15.70 21-JUN-2053	106.94	14.65	0.00	October 29, 2026
16.00 VIATHAN (GTD) 14-DEC-2027	98.41	18.65	-0.01	October 29, 2026
14.50 MTNN IB 30-SEP-2032	87.96	17.86	0.00	October 29, 2026
13.30 ARDOVA PLC IA 12-NOV-2028	95.23	18.81	-0.01	October 29, 2026
16.20 UNION III 27-JUN-2029	94.12	19.08	0.02	October 29, 2026
14.90 NMRC I 29-JUL-2030	96.32	17.09	0.01	October 29, 2026
13.80 NMRC II 15-MAR-2033	90.09	17.63	0.18	October 29, 2026
15.60 NSP-SPV GB (GTD) 27-FEB-2034	88.61	18.48	0.00	October 29, 2026
17.25 LAGOS IIB 11-AUG-2027	99.11	18.73	0.00	October 29, 2026

Bills

Maturity	Discount	Yield	Change (%)	DATE
NTB 5-Nov-26	17.90	17.96	-0.01	October 29, 2026
NTB 3-Dec-26	17.01	17.29	-0.01	October 29, 2026
NTB 7-Jan-27	16.50	17.04	-0.01	October 29, 2026
NTB 4-Feb-27	16.79	17.58	-0.01	October 29, 2026
NTB 4-Mar-27	16.60	17.61	-0.01	October 29, 2026
NTB 8-Apr-27	16.48	17.77	0.00	October 29, 2026
NTB 6-May-27	16.33	17.83	-0.01	October 29, 2026
NTB 3-Jun-27	16.70	18.54	-0.01	October 29, 2026
NTB 8-Jul-27	16.51	18.63	-0.01	October 29, 2026
NTB 12-Aug-27	16.25	18.63	-0.01	October 29, 2026
NTB 9-Sep-27	16.07	18.66	-0.01	October 29, 2026
NTB 7-Oct-27	15.70	18.42	-0.01	October 29, 2026
OMO 1-Dec-26	18.88	19.20	-0.01	October 29, 2026
OMO 12-Jan-27	17.98	18.67	-0.01	October 29, 2026
OMO 2-Feb-27	17.34	18.17	-0.01	October 29, 2026
OMO 2-Mar-27	17.57	18.68	-0.01	October 29, 2026
OMO 6-Apr-27	17.23	18.63	-0.01	October 29, 2026
OMO 22-Jun-27	16.30	18.22	-0.01	October 29, 2026

CPs

Maturity	Discount	Yield	Change (%)	DATE
AGRO CP IV 7-DEC-26	22.58	23.13	-0.01	October 29, 2026
DAIL CP II 26-NOV-26	20.98	21.32	0.00	October 29, 2026
JVIL CP XXIV 29-DEC-26	21.98	22.82	0.00	October 29, 2026
EMZO CP II 14-JAN-27	21.44	22.46	0.00	October 29, 2026
SKIS CP II 1-APR-27	20.61	22.56	-0.01	October 29, 2026
SUNB III 8-MAR-27	20.10	21.65	0.00	October 29, 2026
SGHL CP IV 11-MAR-27	19.81	21.34	-0.01	October 29, 2026
TELE CP IC 7-APR-27	21.71	23.99	0.00	October 29, 2026
OJAJ CP III 24-MAY-27	20.10	22.67	-0.01	October 29, 2026

Cleared Naira-Settled NDFs

Contract Tenor (Month)	Contract	Current Rate ($/₦)	DATE
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–	–	–	–
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–	–	–	–
–	–	–	–
–	–	–	–
–	–	–	–
–	–	–	–
–	–	–	–
–	–	–	–

ETD FX FUTURES

CONTRACT TENOR (MONTH)	CONTRACT	CURRENT RATE	DATE
3M	NGUS JAN 27 2027	1411.22	October 29, 2026
6M	NGUS APR 28 2027	1475.04	October 29, 2026
12M	NGUS OCT 27 2027	1599.08	October 29, 2026

FGN BOND FUTURES

Contract Code	Maturity Date	Settlement Price	Date
24 DEC26 BF02	December 24, 2026	98.58	October 29, 2026
18 MAR27 BF02	March 18, 2027	100.21	October 29, 2026
23 SEP27 BF02	September 23, 2027	103.99	October 29, 2026
24 DEC26 BF10	December 24, 2026	112.64	October 29, 2026
18 MAR27 BF10	March 18, 2027	114.31	October 29, 2026
23 SEP27 BF10	September 23, 2027	101.93	October 29, 2026

Indices

Table View

S&P FMDQ Nigeria Sovereign Bond Index

Total Returns	SP Index	DATE
Index Level	1022.13	October 28, 2026
1 Day	0.16%	October 28, 2026
MTD	-1.00%	October 28, 2026
QTD	-1.00%	October 28, 2026
YTD	13.41%	October 28, 2026

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₦17.84bn Series 3 CP under its ₦150.00bn CP Programme

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₦7.96bn Series 2 CP under its ₦150.00bn CP Programme

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Mecure Industries Limited

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₦0.49bn Series 1 CP under its ₦20.00bn CP Programme

Valency Agro Nigeria Limited

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Valency Agro Nigeria Limited

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FMDQ GREEN EXCHANGE

FMDQ Green Exchange is an information platform dedicated to promoting transparency good governance, and the growth of the Green and Sustainability...

FMDQ ACADEMY

We deliver specialised trainings to market participants on various financial market products, standards/regulations using an effective instructional approach and technology...

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Corporate Events

To be the most attractive Exchange in Africa by 2026.

fx Futures

FI CLOSING RATES/PRICES

FI FUTURES

DATA

Recently Listed and Quoted Securities

Dangote Cement PLC

Dangote Cement PLC

Dangote Cement PLC

MTN Nigeria Communications PLC

MeCure Industries Funding SPV PLC

CERPAC Receivables Funding SPV PLC

Federal Republic of Nigeria

Federal Republic of Nigeria

Federal Republic of Nigeria

Emerging Africa Asset Management Limited

Emerging Africa Asset Management Limited

Emerging Africa Asset Management Limited

Emerging Africa Asset Management Limited

Dangote Cement PLC

Dangote Cement PLC

Dangote Cement PLC

TrustBanc Holdings Limited

DLM Capital Group Limited

DLM Capital Group Limited

Fidson Healthcare PLC

Mecure Industries Limited

Mecure Industries Limited

Valency Agro Nigeria Limited

Valency Agro Nigeria Limited

FMDQ GREEN EXCHANGE

FMDQ ACADEMY

MEDIA CENTRE

22

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16

Ministry of Works and Housing, FMDQ and OVP Launch a 10-Year National Housing Strategy Blueprint to Provide Quality Housing for Nigerians

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FMDQ Exchange-Traded Derivatives Market Goes Live

MyCredit Investments Limited Quotes ₦2.50 Billion Commercial Paper on FMDQ Exchange

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