FINANCIAL MARKETS TODAY – 17 September 2024
Money Market System liquidity improved today, although it remained in the negative territory. Inflows from OMO maturities and FGN bond coupons drove the mild improvement. As a result, the Open Repo Rate (OPR) decreased by 74 bps to 30.46%, and the…
FINANCIAL MARKETS TODAY – 12 September 2024
FIXED INCOME MARKETS Money Market The liquidity status in the financial market further deteriorated, but the Open Repo Rate (OPR) and Overnight Rate (O/N) decreased by 23bps and 11bps to 31.00% and 31.53%, respectively. Outlook: We expect a similar theme…
FINANCIAL MARKETS TODAY – 11 September 2024
FIXED INCOME MARKETS Money Market System liquidity worsened today. Thus, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased by 13bps and 11bps to 31.23% and 31.64%, respectively. Outlook: We expect interbank rates to hover at similar levels…
FINANCIAL MARKETS TODAY – 10 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 52 bps to 31.10%, and the Overnight Rate (O/N) rose by 48 bps to 31.53%. Outlook: We expect interbank rates to remain elevated tomorrow, in the absence of any major flows. Treasury…
FINANCIAL MARKETS TODAY – 09 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) decreased by 67 bps to 30.58%, and the Overnight Rate (O/N) fell by 65 bps to 31.05%. Outlook: We expect interbank rates to hover at similar levels tomorrow. Treasury Bills The treasury bills…
FINANCIAL MARKETS TODAY – 05 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 271 bps to 31.10%, and the Overnight Rate (O/N) rose by 242 bps to 31.60%. Outlook: We expect interbank rates to stay elevated tomorrow. Treasury Bills The treasury bills market…
FINANCIAL MARKETS TODAY – 04 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 542 bps to 28.39%, and the Overnight Rate (O/N) rose by 565 bps to 29.18%. Outlook: We expect interbank rates to remain elevated tomorrow, in the absence of any major flows. Treasury…
FINANCIAL MARKETS TODAY – 03 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 129 bps to 22.97%, and the Overnight Rate (O/N) rose by 123 bps to 23.53%. Outlook: We expect interbank rates to remain elevated tomorrow, in the absence of any major flows. Treasury…
FINANCIAL MARKETS TODAY – 02 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 357 bps to 21.68%, and the Overnight Rate (O/N) rose by 224 bps to 22.30%. Outlook: We expect interbank rates to stay at similar levels tomorrow, pending any major flows. Treasury…
FINANCIAL MARKETS TODAY – 29 August 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) decreased by 287 bps to 19.86%, and the Overnight Rate (O/N) declined by 271 bps to 20.69%, due to improved liquidity. Outlook: We expect interbank rates to hover at similar levels tomorrow.…
