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Money Market Today, system liquidity decreased but maintained a fairly liquid position, bolstered slightly by Swap maturities and OMO maturities of c.₦6.38 billion, despite the settlement of CBN’s FX interventions.…
Money Market Today, opening system liquidity declined but remained strong. Nonetheless, the Overnight Policy Rate (OPR) fell by 91bps to 25.18%, while the Overnight Rate (O/N) decreased by 1.19% to…
Money Market System liquidity worsened further within the deficit zone, leading to a 25 bps increase in the Overnight Policy Rate (OPR) to 32.18%, while the Overnight Rate (O/N) rose…
Money Market System liquidity declined further into negative territory. Nonetheless, the Overnight Policy Rate (OPR) declined by 10bps to 31.93%, while the Overnight Rate (O/N) fell by 12bps to 32.48%.…
Money Market System liquidity worsened due to some CRR debits, causing interbank rates to trend upward. Specifically, the Overnight Policy Rate (OPR) increased by 1.60% to 32.03%, while the Overnight…
Money Market System liquidity remained negative but showed signs of improvement due to inflows from Remita and net CRR credits. As a result, funding rates eased; specifically, the Overnight Policy…
Money Market System liquidity stayed negative, though it showed slight improvement. Due to the tight market liquidity, funding rates across banks remained high. Consequently, the Overnight Policy Rate (OPR) increased…
Money Market Following the OMO auction debit, system liquidity plunged further into negative territory, causing a significant surge in interbank rates. Specifically, the Overnight Policy Rate (OPR) rose by 2.09%…
Money Market System liquidity opened lower today; however, after the OMO auction, interbank rates closed significantly higher. Specifically, the Overnight Policy Rate (OPR) increased by 10.59% to 29.81%, while the…
Money Market System liquidity stayed relatively buoyant due to the absence of significant debits. Consequently, the interbank market remained stable. The Overnight Policy Rate (OPR) decreased by 3 bps to…
