What to expect from Nigeria’s bond auction

UBA traders say the current lacklustre trading at Nigeria’s secondary market is expected to spill into next week as rates continue to trade at sub 0.5 per cent levels. They also say they expect market participants to continue to select only bonds at the mid- and long end of the bond curve. Dumebi Udegbunam, Fixed Income Trader at UBA joins CNBC Africa more.

Fri, 27 Nov 2020 14:10:37 GMT
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