System Liquidity: Liquidity fell 6.13% to ₦7.26trn. The OPR stayed at 20.00% and the overnight rate rose 4 bps to 20.34%.
Treasury Bills: Yields were little changed. The 91-day fell 1 bp to 17.48%, the 180-day fell 1 bp to 17.10%, and the 365-day fell 9 bps to 18.49%.
FGN Bonds: Yields fell, with buying across the curve. The 3-year fell 12 bps to 16.63%, the 5-year fell 13 bps to 16.80%, and the 20-year fell 82 bps to 14.30%.
Foreign Exchange:The Naira slipped 0.08% to ₦1,334.72/$ at NAFEM but gained 1.09% to ₦1,355.00/$ in the parallel market. The gap between the two markets narrowed to c.1.52%.
Nigerian Equities: The NGX-ASI fell 0.32% to 245,116.49 points on profit-taking in Banking (-1.49%) and Insurance (-1.41%). There were 18 gainers against 36 losers, and the market is up 57.52% year to date.
Eurobonds: Yields fell across the curve, with the 3-year down 39 bps to 6.17% and the 10-year down 8 bps to 7.87%.
Commodities: Gold fell 0.18% to US$4,147.30/oz. Brent crude rose 0.11% to US$108.77/bbl.
