T-Bills bearish as investors react to rate hike

Investors at the Treasury Bills market are reacting to the 400-basis point hike in monetary policy rate by the monetary policy committee as traders at Access Bank expect a bearish market sentiment in today's trading. Meanwhile, the money market is expected to witness a decline in rates on FAAC inflows. Adamma Mbachu, Team Lead, Currency Trading at Access Bank joins CNBC Africa for this discussion.