FMDQ Daily Quotations List

FMDQ DQL

FMDQ Daily Quotations List (DQL) includes USD/Naira products, Federal Government of Nigeria bonds, Supra-national, Agency, State Government and Corporate Bonds, Nigerian Treasury Bills and other Money Market Instruments e.g. Commercial Papers.

The DQL provides closing prices for all trading products and model prices of non-trading fixed-income securities calculated by applying a derived risk premium on the sovereign risk-free yield curve. The DQL also provides market-indicative rates/prices for products trading but with low liquidity.

It is the official source for the Nigerian OTC market indexes and Fixings, namely the Nigerian Inter-bank Offered Rate (NIBOR), Nigerian Inter-bank Treasury Bills’ True Yields (NITTY) and Nigerian Foreign Exchange Fixings (NiFEX).

For access to the excel version of the DQL or historical information, please contact FMDQ Business Origination Group at bog@fmdqotc.com.