All eyes on Nigeria’s primary market auction

PUBLISHED: Wed, 21 Mar 2018 14:30:57 GMT


Nigeria plans to raise 53.9 billion at today’s Treasury bill auction, in a bid to lower the country’s borrowing cost. Bankole Odusanya, Fixed Income Trader at UBA, says Nigeria’s fixed income market has shown bearish tendencies as system liquidity dropped marginally this week. He joins CNBC Africa for a fixed income update and outlook.

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