FINANCIAL MARKETS TODAY – 21 July 2025
System Liquidity Despite a ₦90.59 billion bond coupon inflow, interbank liquidity remained tight. OPR rose 9bps to 32.42%, and O/N climbed 16bps to 32.83%. Treasury Bills Market activity was subdued ahead of Wednesday’s NTB auction and MPC meeting,…
FINANCIAL MARKETS TODAY – 17 July 2025
System Liquidity Tight interbank liquidity persisted following CBN FX settlements and bank obligations. Rates stayed elevated with OPR and O/N rates climbing to 32.42% and 32.75%. Treasury Bills T-Bills traded quietly but with bearish sentiment, driven…
FINANCIAL MARKETS TODAY – 16 July 2025
System Liquidity Liquidity remained tight, keeping interbank rates elevated. The Overnight Policy Rate (OPR) edged up by 8bps to 32.25%, while the Overnight (O/N) rate dipped slightly by 9bps to 32.58%. Treasury Bills T-bills market was quiet with low…
FINANCIAL MARKETS TODAY – 14 July 2025
System Liquidity Liquidity tightened as banks settled AMCON obligations, deepening the market’s debit position. Interbank rates remained elevated, with OPR rising by 67bps to 32.17% and O/N increasing by 50bps to 32.67%. Treasury Bills T-bills…
FINANCIAL MARKETS TODAY – 10 July 2025
System Liquidity FPI inflows and NTB maturities eased tight liquidity from the ₦1.2tn OMO settlement. OPR dropped 25bps to 29.50%, O/N dipped 34bps to 30.08%, keeping rates within the 29–30% range. Treasury Bills Trading was active, focused on…
FINANCIAL MARKETS TODAY – 09 July 2025
System Liquidity CBN’s ₦600bn OMO auction drew ₦2.17tn in bids, allotting ₦1.25tn. Liquidity tightened sharply, pushing OPR to 29.75% (+100bps) and O/N to 30.42% (+109bps). Treasury Bills Quiet trading followed the NTB/OMO auctions. The DMO sold…
FINANCIAL MARKETS TODAY – 08 July 2025
System Liquidity Interbank liquidity tightened sharply, driving funding rates to 29–30%. The OPR jumped 200bps to 28.75%, while O/N rate rose 208bps to 29.33%. Treasury Bills Bullish momentum persisted with heavy demand in mid-to-long tenors. OMO papers…
FINANCIAL MARKETS TODAY – 07 July 2025
System Liquidity Liquidity tightened due to CRR debits, keeping funding rates elevated. OPR eased to 26.75% (-8bps) and O/N rate fell to 27.25% (-17bps). Treasury Bills Investor demand shifted to the secondary market amid no NTB auction. The 9 October…
FINANCIAL MARKETS TODAY – 03 July 2025
System Liquidity The interbank market was quiet with no significant funding movements. Liquidity remained stable, keeping the OPR and O/N rates unchanged at 26.50% and 27.00%, respectively. Treasury Bills Bullish demand persisted, targeting September to…
FINANCIAL MARKETS TODAY – 02 July 2025
System Liquidity Interbank liquidity remained strong despite DMBs’ tax outflows. Rates held steady, with the OPR at 26.50% and the O/N rate inching up by just 4bps to 27.00%, supported by healthy system liquidity. Treasury Bills Bullish sentiment…