Access Bank: Investor appetite in bond market remains soft
26 August 2019 | 9:02 am
Traders say the pressure on funding rates is likely to increase in Nigeria’s money market as the market is not slated to receive any inflow today. Currently, investors’ appetite in the bonds market remains soft. To discuss the trends in Nigeria’s fixed income and Forex market, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa for more.
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Traders say they expect activity at the bond market to pick up today, on the back of the unmet bids at Wednesday's bond auction as well as the improvement in liquidity. Oluwatosin Ayanfalu, Fixed Income Broker at Zedcrest Capital joins CNBC Africa to review today’s trading at Nigeria’s fixed Income and Forex market.
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Traders say market players are reinvesting in Nigeria’s bond space owing to the low yields in the Treasury bills market. Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa’s Esther Awoniyi to discuss the dynamics at play at Nigeria’s Fixed income and the forex market.
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