FINANCIAL MARKETS TODAY –05 December 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved by c. 112.07% from ₦201.08 billion to ₦426.43 billion today. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 6bps and 21bps to 15.55%, and 16.00%,…
FINANCIAL MARKETS TODAY –04 December 2023
FIXED INCOME MARKETS Money Market Opening system liquidity slipped by ₦203.01 billion from ₦404.09 billion on Friday to ₦201.08 billion today. Nonetheless, both the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 14bps and 11bps to 15.61%,…
FINANCIAL MARKETS WEEKLY – 01 December 2023
FIXED INCOME MARKETS Money Markets System liquidity was majorly positive this week, improving from last week’s negative position of ₦186.43 billion short to ₦404.09 billion long, bolstered by FAAC credits. As a result, the Open Repo Rate (OPR) and…
FINANCIAL MARKETS TODAY –30 November 2023
FIXED INCOME MARKETS Money Market The money market concluded the month on a positive note, with the opening system liquidity showing a notable increase, reaching c.₦346.60 billion compared to yesterday’s opening value of -₦6.59 billion. Consequently,…
FINANCIAL MARKETS TODAY –29 November 2023
FIXED INCOME MARKETS Money Market Today, system liquidity experienced a decline, moving into negative territory with an opening figure of c.-₦6.59 billion. This marks a substantial decrease of c.104% compared to the previous day’s opening liquidity…
FINANCIAL MARKETS TODAY –28 November 2023
FIXED INCOME MARKETS Money Market System liquidity opened c.₦173.77 billion positive, an improvement from yesterday’s opening position of ₦106.89 billion. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) witnessed downward adjustments,…
FINANCIAL MARKETS TODAY –27 November 2023
FIXED INCOME MARKETS Money Market There was a significant improvement in system liquidity, driven by inflows from FAAC. It opened positively at approximately ₦106.89 billion, a significant turnaround from the -₦186.43 billion recorded the previous…
FINANCIAL MARKETS TODAY –23 November 2023
FIXED INCOME MARKETS Money Market The opening system liquidity stayed in the negative territory, amounting to -₦363.57 billion, a decline from yesterday’s -₦204.89 billion. This was influenced by the debit from the NTB auction and the continued…
FINANCIAL MARKETS TODAY –22 November 2023
FIXED INCOME MARKETS Money Market System liquidity worsened today, with opening balance at -₦204.89 billion, compared to yesterday’s -₦97.71 billion. Consequently, the Open Repo Rate (OPR) increased by 90bps to 23.83% and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –21 November 2023
FIXED INCOME MARKETS Money Market System liquidity witnessed an improvement today but remained in the negative territory, opening at -₦97.71 billion, compared to yesterday’s -₦136.14 billion. Consequently, the Open Repo Rate (OPR) declined by 17bps…
