FINANCIAL MARKETS TODAY –01 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity enhanced by over 500% to c.₦225.13 billion from ₦34.19 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 34bps and 67bps to 15.92% and…
FINANCIAL MARKETS TODAY –31 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity plunged by 96.45% to c.₦34.19 billion from ₦963.79 billion recorded yesterday, due to the CRR and OMO auction debits that took place yesterday. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS TODAY –30 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity opened at c.₦963.79 billion, rising by 13.50% from ₦849.18 billion recorded last Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 90bps and 119bps to 15.30% and…
FINANCIAL MARKETS TODAY –26 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity was boosted by FAAC and coupon credits, as it increased by 107.42% to c.₦528.51 billion from ₦254.80 billion recorded yesterday. Although, the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –25 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 28.87% to c.₦254.80 billion from ₦197.73 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 50bps and 60bps to 3.50% and…
FINANCIAL MARKETS TODAY –24 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 17.22% to c.₦197.73 billion from ₦238.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 114bps and 110bps to 3.00% and…
FINANCIAL MARKETS TODAY –23 October 2023
FIXED INCOME MARKETS Money Market System liquidity fell slightly by 3.10% to c.₦238.85 billion from ₦246.50 billion recorded last Friday. Accordingly, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 36bps and 30bps to 1.86% and 2.50%,…
FINANCIAL MARKETS TODAY –19 October 2023
FIXED INCOME MARKETS Money Market System liquidity improved today with net additions of c.₦164.93 billion to open at ₦495.09 billion compared to yesterday’s opening balance. Accordingly, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 25bps…
FINANCIAL MARKETS TODAY –18 October 2023
FIXED INCOME MARKETS Money Market System liquidity slipped by c.₦250.82 billion to open at ₦330.16 billion compared to yesterday’s opening balance. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 23bps and 30bps to 1.17%…
FINANCIAL MARKETS TODAY –17 October 2023
FIXED INCOME MARKETS Money Market System liquidity dropped by c.₦36.63 billion to open at ₦580.98 billion compared to yesterday’s opening balance. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) stayed at 0.94% and 1.50%, respectively.…
