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Foreign portfolio investors seek returns in long-dated papers
UBA traders say the demand at Thursday's OMO auction was skewed to the long-dated papers offered as foreign portfolio investors hunt for the highest yield available. Dumebi Udegbunam, Fixed Income Trader at UBA joins CNBC Africa to recap this week's trading and discuss what to expect next week.
Fri, 19 Mar 2021 15:22:21 GMT
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