FINANCIAL MARKETS TODAY –24 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity retained its negative standing at ₦29.82 billion short, down from the previous day’s ₦338.34 billion deficit. Consequently, positive movements were observed in the rates, with the Open Repo Rate…
FINANCIAL MARKETS TODAY –23 January 2024
FIXED INCOME MARKETS Money Market System liquidity started the day with a shortfall of ₦338.34 billion, an increase from the previous day’s deficit of c.₦131.62 billion. Despite the heightened liquidity challenge, both the Open Repo Rate (OPR) and…
FINANCIAL MARKETS TODAY –22 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity stayed negative today at -₦131.62 billion, from -c.₦527.96 billion recorded last Friday. Nevertheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by 215bps to 19.95% and 225bps to…
FINANCIAL MARKETS TODAY –18 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity improved today to a positive balance at ₦44.52 billion long, compared with -c.₦24.78 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased by 53bps…
FINANCIAL MARKETS TODAY –17 January 2024
FIXED INCOME MARKETS Money Market System liquidity slipped into the negative territory as it opened at -₦24.78 billion, compared with c.₦206.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) expanded by 227bps…
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…
