FINANCIAL MARKETS TODAY –04 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity declined to c. ₦ 297.75 billion long, compared with the opening balance of ₦320.88 billion recorded yesterday. However, the Open Repo Rate (OPR) remained unchanged at 11.00% while the Overnight…
FINANCIAL MARKETS TODAY –03 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦ 320.88 billion long, compared with the opening balance of ₦293.02 billion recorded yesterday. However, the Open Repo Rate (OPR) remained unchanged at 11.00% while the Overnight…
FINANCIAL MARKETS TODAY –02 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity declined to at c. ₦293.02 billion long, compared with the opening balance of ₦1.11 trillion recorded last week Friday. This was due to the Retail FX SMIS and CRR debits that took place.…
FINANCIAL MARKETS TODAY –28 April 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity remained buoyant today at c. ₦1.11 trillion long, compared with the opening balance of ₦1.31 trillion recorded yesterday. However, following the retail FX auction today, the Open Repo Rate (OPR)…
FINANCIAL MARKETS TODAY –27 April 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased significantly to a robust ₦1.31 trillion, buoyed by today’s April 2023 FGN bond maturity, compared with the opening balance of ₦525.78 billion recorded yesterday. Consequently, the…
FINANCIAL MARKETS TODAY –26 April 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved today with an eye-watering positive balance of ₦525.78 billion, compared with the opening balance of -₦407.88 million recorded yesterday. Consequently, the Open Repo Rate (OPR) and…
FINANCIAL MARKETS TODAY –25 April 2023
FIXED INCOME MARKETS Money Markets System liquidity opened with a negative balance of -₦407.88 million today, compared with the opening balance of -₦430.03 billion recorded as at close of last week. Nevertheless, the Open Repo Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY –20 April 2023
FIXED INCOME MARKETS Money Markets System liquidity opened with a negative balance of -₦430.03 billion today, compared with the opening balance of -₦851.25 billion recorded yesterday. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY –19 April 2023
FIXED INCOME MARKETS Money Markets System liquidity opened with a negative balance of -₦851.25 billion today (driven by the FGN bond auction settlement), compared with the opening balance of -₦224.71 billion recorded yesterday. Thus, the Overnight Policy…
FINANCIAL MARKETS TODAY –18 April 2023
FIXED INCOME MARKETS Money Markets System liquidity opened with a negative balance of -₦224.71 billion today, compared with the opening balance of -₦262.28 billion recorded yesterday. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both…
