Liquidity squeeze to drive bearish sentiments for bonds

Despite a 10 billion-naira OMO maturity, traders say the liquidity challenge will drive some bearish sentiments for the bonds market, with activity shifting to the 2037 maturity. However, market players are shifting attention to the treasury bills auction today. Chuka Nwachukwu, Head, Fixed Income Trading at UBA Africa for more.
Wed, 12 Oct 2022 14:59:16 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.