UBA: Investors await ₦500bn OMO auction outcome

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Joined: Mar 2024
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UBA: Investors await ₦500bn OMO auction outcome


Traders at UBA say the market is in a calm mode as investors focus is driven towards the 500 billion naira OMO auction holding today. The outcome should further serve as a guidance in both the Bonds and T-Bills secondary market as to where near term investor bias would tilt. Kenneth Onuoha, Team Member, Assets and Liabilities at UBA joins CNBC…

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