FMDQ admits N20bn Parthian Partners CP

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FMDQ admits N20bn Parthian Partners CP
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FMDQ Group, Africa’s first vertically integrated financial market infrastructure (FMI) group has admitted Parthian Partners Limited’s N20.00 billion Commercial Paper (CP) Programme to its platform.

The Group said the CP Programme would strategically position Parthian Partners Limited to raise short-term finance from the DCM with speed at a time in the future when it determines suitable, through CP issues within the CP Programme limit.

Parthian Partners provides competitive wholesale brokerage services in the African OTC markets, and trades in Federal Government of Nigeria (FGN) Bonds and Treasury Bills, State Government Bonds, Local Contractor Bonds, Corporate Bonds and Eurobonds, providing regular market updates and liaising with market participants and regulators in the African markets to provide independent research on the African fixed income market.

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