UBA: CRR debit likely to impact bond market liquidity

Traders at UBA anticipate a slight increase in rates, as market liquidity is likely to decrease owing to this week’s CRR debit. Meanwhile market watchers are awaiting the release of the CBN’s bi-weekly retail SMIS auction results. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC AFRICA for more market updates.