FINANCIAL MARKETS TODAY –25 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity stayed short at ₦234.71 billion short, from the previous day’s ₦29.82 billion deficit. Consequently, the Open Repo Rate increased by 184bps to…
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FIXED INCOME MARKETS Money Market Opening system liquidity stayed short at ₦234.71 billion short, from the previous day’s ₦29.82 billion deficit. Consequently, the Open Repo Rate increased by 184bps to…
FIXED INCOME MARKETS Money Market Opening system liquidity retained its negative standing at ₦29.82 billion short, down from the previous day’s ₦338.34 billion deficit. Consequently, positive movements were observed in…
FIXED INCOME MARKETS Money Market System liquidity started the day with a shortfall of ₦338.34 billion, an increase from the previous day’s deficit of c.₦131.62 billion. Despite the heightened liquidity…
FIXED INCOME MARKETS Money Market Opening system liquidity stayed negative today at -₦131.62 billion, from -c.₦527.96 billion recorded last Friday. Nevertheless, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FIXED INCOME MARKETS Money Markets This week, system liquidity declined, primarily attributed to OMO bills auction debit. Liquidity dropped from c.₦186.43 billion last Friday to -₦527.96 billion today. As a…
FIXED INCOME MARKETS Money Market Opening system liquidity improved today to a positive balance at ₦44.52 billion long, compared with -c.₦24.78 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS Money Market System liquidity slipped into the negative territory as it opened at -₦24.78 billion, compared with c.₦206.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS Money Market Opening system liquidity fell short at -₦93.15 billion, from ₦229.82 billion recorded yesterday. However, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by…
FIXED INCOME MARKETS Money Market System liquidity opened relatively higher at ₦229.82 billion, increasing by 23.27% from ₦186.43 billion recorded last Friday. Although, the Open Repo Rate (OPR) and Overnight…
Inflation Watch – Final Inflation print for 2023 remains elevated Nigeria’s headline inflation increased at 28.92% y/y in December, adding 0.72 percentage points from 28.20% y/y in November 2023, and…