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Traders expect funding rates to trend lower due to improved liquidity

PUBLISHED: Wed, 31 Oct 2018 11:56:34 GMT

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FAAC inflows of about 300 billion naira hit the system on Tuesday boosting liquidity in the money market, but traders say they expect funding rates to trend lower today. Rita Chiemenem, Fixed Income Dealer at Access Bank joins CNBC Africa to discuss activities in Nigeria’s fixed income and forex market so far this week.

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