FINANCIAL MARKETS TODAY – 04 July 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity remained at a deficit balance today. Consequently, the Open Repo Rate (OPR) increased by 22 bps to 31.92%, while the Overnight Rate (O/N) increased by 16 bps to 32.44%. Outlook: We expect…
FINANCIAL MARKETS TODAY – 03 July 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity plunged further to a negative balance today. Consequently, the Open Repo Rate (OPR) increased by 19 bps to 31.69%, while the Overnight Rate (O/N) increased by 36 bps to 32.28%. Outlook: We…
FINANCIAL MARKETS TODAY – 02 July 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity stayed negative today. Consequently, the Open Repo Rate (OPR) increased by 631 bps to 31.50%, while the Overnight Rate (O/N) increased by 610 bps to 31.92%. Outlook: We expect interbank rates to…
FINANCIAL MARKETS TODAY – 01 July 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity balance fell into a deficit of -₦175.14 billion from the previous ₦514.517 billion recorded last Friday. As a result, the Open Repo Rate (OPR) rose by 102 bps to 25.19%, while the Overnight…
FINANCIAL MARKETS TODAY – 27 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity declined by 5.63% to ₦535.58 billion from ₦567.50 billion recorded yesterday. Overall, the Open Repo Rate (OPR) remained unchanged at 23.68%, while the Overnight Rate (O/N) increased by 4 bps to…
FINANCIAL MARKETS TODAY – 26 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity eased to ₦567.50 billion from ₦921.73 billion recorded yesterday. Overall, the Open Repo Rate (OPR) increased by 23 bps to 23.68%, while the Overnight Rate (O/N) increased by 10 bps to 24.14%.…
FINANCIAL MARKETS TODAY – 25 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity moderated by 3.13% to ₦921.73 billion from ₦951.51 billion reported yesterday. Overall, the Open Repo Rate (OPR) declined by 5 bps to 23.45%, while the Overnight Rate (O/N) increased by 1 bp to…
FINANCIAL MARKETS TODAY – 24 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved further today to ₦951.51 billion, up from ₦712.07 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) declined by 175 bps to 23.50%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 20 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened short at -₦532.03 billion, down from ₦768.39 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 265 bps to 23.71%, while the Overnight Rate (O/N) decreased by 260 bps…
FINANCIAL MARKETS TODAY – 19 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positive today at ₦768.39 billion, up from ₦132.75 billion reported last week Friday. Nevertheless, the Open Repo Rate (OPR) rose by 73 bps to 26.36%, while the Overnight Rate (O/N) increased by…
