FINANCIAL MARKETS TODAY –16 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity fell short at -₦93.15 billion, from ₦229.82 billion recorded yesterday. However, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by 518bps to 16.40% and 450bps to 17.25%, respectively.…
FINANCIAL MARKETS TODAY –15 January 2024
FIXED INCOME MARKETS Money Market System liquidity opened relatively higher at ₦229.82 billion, increasing by 23.27% from ₦186.43 billion recorded last Friday. Although, the Open Repo Rate (OPR) and Overnight Rate (O/N) expanded by 500bps to 21.58% and…
FINANCIAL MARKETS TODAY –11 January 2024
FIXED INCOME MARKETS Money Market System liquidity opened significantly lower than yesterday’s balance, and from ₦46.67 billion long to ₦709.36 billion short. Accordingly, the Open Repo Rate (OPR) and Overnight Rate (O/N) expanded by 770bps to 21.85% and…
FINANCIAL MARKETS TODAY –10 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity declined by 82.65% to ₦46.67 billion from yesterday’s ₦269.08 billion. Accordingly, the Open Repo Rate (OPR) and Overnight Rate (O/N) widened by 952bps to 14.15% and 840bps to 15.40%,…
FINANCIAL MARKETS TODAY –09 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity plummeted by 66.89% to ₦269.08 billion from yesterday’s ₦812.76 billion. Despite this decline, the Open Repo Rate (OPR) and Overnight Rate (O/N) both saw reductions, dropping by 242bps to…
FINANCIAL MARKETS TODAY –08 January 2024
FIXED INCOME MARKETS Money Market System liquidity remained robust at ₦812.76 billion compared to ₦812.76 billion recorded last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) plunged by 720bps and 640bps to 7.05%, and 8.50%,…
FINANCIAL MARKETS TODAY –04 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.18% to ₦132.79 billion compared to ₦237.90 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 175bps and 167bps to 13.71%, and 14.33%,…
FINANCIAL MARKETS TODAY –03 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.36% to ₦237.90 billion compared to ₦427.54 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 13bps and 5bps to 15.46%, and…
FINANCIAL MARKETS TODAY –02 January 2024
FIXED INCOME MARKETS Money Market System liquidity surged by 128.75% to ₦427.54 billion compared to ₦186.90 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 27bps and 48bps to 15.33%, and…
FINANCIAL MARKETS TODAY –28 December 2023
FIXED INCOME MARKETS Money Market System liquidity slipped by 44.68% to ₦338.53 billion compared to ₦611.98 billion recorded last week Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 89bps and 106bps to 15.75%,…
