UBA: Volatile market expected ahead of CBN’s Special Bills credit

Traders at UBA say they expect Nigeria’s Fixed Income market to remain volatile next week as traders continue to reposition ahead of the credit of the Central Bank of Nigeria’s Special Bills with patterns leaning more to significant sell-downs of current portfolio so as to create credit and enjoy the new yield levels. Gbemisola Bello-Aromire, Fixed Income Dealer at UBA tells us more about this expected trend.