ASSESSING OF ECONOMIC-VARIABLES ON THE PERFORMANCE OF BOND MARKET IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract
The study assessed economic variables on the performance of bond market in Nigeria. The study used time series data spanning a period from 2000 to 2012 and the domestic variables employed were Money supply, Exchange rate, Nigeria treasury bills rate, inflation rate, and US Stock price as a proxy for international influence on bond market in Nigeria. The Augmented Dickey-Fuller and Philip-Perron tests were used to determine the stochastic properties of the series. Within the theoretical framework of the Arbitrage Pricing Theory, a stationary VAR model was estimated and used to analyze the short run impact of selected macroeconomic variables using data for the period. The results show that there was marginal influence of the domestic variables. The effect of changes in the exchange rate contributes a high of 5.6 percent change in bond prices which is larger than that of all the other domestic variables. This implies that the Nigerian bond market is prone to the well-known contagion effect of global financial market. The study recommends that monetary authorities should be careful with the current efforts at internationalization of the Nigerian bond Market.
Related Project Materials
The Impact of Social Media Memes on Nigerian Morphology: A Comparative Study of Instagram and TikTok
Background of the Study
Social media memes have emerged as a cultural phenomenon, significantly influencing language use a...
THE NEED FOR PROPER STORE KEEPING IN A MANUFACTURING COMPANY
ABSTRACT
The storekeeper in charge of the store should be someone...
Assessing the Influence of Celebrity Endorsements on Event Attendance in Katsina Local Government Area, Katsina State
Chapter One: Introduction
An examination of the impact of food insecurity on conflict escalation in Logo Local Government Area, Benue State
Chapter One: Introduction
1.1 Background of the Study
Food insecurity is a si...
Analysis of Genetic Data for Identifying Biomarkers of Neurodegenerative Diseases: A Case Study of Adamawa State University, Mubi, Adamawa State
Background of the Study :
Neurodegenerative diseases, such as Alzheimer’s and Parkinson’s, present significant...
THE EFFECT OF END SARS PROTEST ON SMALL AND MEDIUM ENTERPRISES (SMEs) IN LAGOS STATE
ABSTRACT
This study was carried out to examine the effect of EndSARS protest on Small and Medium Enterprises...
THE IMPACT OF STORYTELLING ACTIVITIES ON EARLY LITERACY SKILLS DEVELOPMENT IN PRESCHOOL-AGED CHILDREN
Abstract: This study examines the impact of storytelling activities on early literacy skills development in...
emperical study on the impact of computer science in multimedia
STATEMENT OF THE PROBLEM
Supporting multimedia applications over a computer network renders the application distributed...
The Contribution of Agricultural Shows to Knowledge Sharing in Dutse Local Government Area, Jigawa State
Chapter One: Introduction
1.1 Background of the Study
Agricultural shows serve as platforms fo...
The Effect of Real Estate Investment Trusts (REITs) on Property Market Growth in Sokoto State
Background of the Study
Real Estate Investment Trusts (REITs) have become a significant avenue for both local and internati...
