INVESTMENT OF PENSION FUNDS IN NIGERIAN BOND MARKET
ABSTRACT Since the Defined Contributory scheme was introduced to replace the Define Benefit scheme in Nigeria, the pension assets in Nigeria has increased annually. The resultant effect of the increase of pension funds implies more responsibility for the Pension fund administrators to shoulder. Pension fund administrators regulated by the National Pension Commission were established to handle the investment of pension assets. The Nigerian bond market is an avenue for the investment of pensio...