FINANCIAL MARKETS TODAY – 08 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity improved to -₦46.39 billion from -₦173.45 billion reported yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 43bps to 28.96%, while the Overnight Rate (O/N) increased by 24 bps to…
FINANCIAL MARKETS TODAY – 07 May 2024
FIXED INCOME MARKETS MONEY MARKETS Due to yesterday’s OMO bills auction debit, opening system liquidity fell short today to -₦173.45 billion from ₦296.33 billion. Consequently, the Open Repo Rate (OPR) increased by 115bps to 28.53%, while the Overnight…
FINANCIAL MARKETS TODAY – 06 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity significantly improved today, increasing to ₦296.33 billion from ₦19.61 billion recorded last week Friday. Overall, the Open Repo Rate (OPR) increased by 113bps to 27.38%, while the Overnight…
FINANCIAL MARKETS TODAY – 02 May 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved significantly today, opening at -₦74.33 billion compared to -₦403.58 billion reported on Tuesday. Consequently, the Open Repo Rate (OPR) declined by 258 bps to 27.63%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 30 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening System liquidity stayed negative at -₦403.58 billion compared to -₦549.24 reported yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 88 bps to 30.21%, while the Overnight Rate (O/N) increased by 33…
FINANCIAL MARKETS TODAY – 29 April 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity started the week with a deficit balance of -₦549.24 billion compared to yesterday’s -₦606.76. As a result, the Open Repo Rate (OPR) shrank by 92 bps to 29.33%, and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 25 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity relatively improved today to -₦389.00 billion from -₦909.89 reported yesterday. Consequently, the Open Repo Rate (OPR) contracted by 227bps to 27.08%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 24 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity declined slightly to -₦909.89 billion from -₦885.92 billion seen yesterday. Nonetheless, the Open Repo Rate (OPR) fell by 61bps to 29.35%, while the Overnight Rate (O/N) increased by 58bps…
FINANCIAL MARKETS TODAY – 23 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity showed a relative improvement, moving from a deficit of ₦1,010.82 billion to a deficit of ₦885.92 billion. In terms of rates, the Open Repo Rate (OPR) saw a 7 bps increase, reaching 29.96%,…
FINANCIAL MARKETS TODAY – 22 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity plunged further into the negative region at -₦1,010.82 billion, from -₦903.91 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased by 50…
