UBA: T-Bills market sees reduced borrowing appetite

Traders at UBA say the move by Nigeria’s Debt Management Office to issue 219 billion naira, less than the 409.9 billion naira that was on offer reflects a reduced borrowing appetite. Albeit market sentiments remained positive as investors scrambled for higher yields. Kenneth Onuoha, Team Member, Assets and Liabilities Management at UBA joins CNBC Africa for a market update.