FINANCIAL MARKETS TODAY –06 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c.₦381.08 billion long, , compared with the opening balance of ₦200 billion long, recorded yesterday Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained…
FINANCIAL MARKETS TODAY –05 June 2023
FIXED INCOME MARKETS Money Markets In the absence of official figures, opening system liquidity was estimated to hover around c.₦200 billion long. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased to 11.63% and 12.00%…
FINANCIAL MARKETS TODAY –02 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦230.13 billion long, compared with the opening balance of ₦162.63 billion long, recorded yesterday. Consequently, the Open Repo Rate (OPR) remained unchanged at 11.50%, while the…
FINANCIAL MARKETS TODAY –01 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦162.63 billion long, compared with the opening balance of ₦114.79 billion long, recorded yesterday. Consequently, the Open Repo Rate (OPR) fell by 25bps to 11.50%, while the…
FINANCIAL MARKETS TODAY –31 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦114.79 billion long, compared with the opening balance of ₦229.11 billion long, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY –30 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦229.11 billion long, compared with the opening balance of ₦278.44 billion long, recorded last week Friday. Consequently, both the Open Repo Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦278.44 billion long, compared with the opening balance of ₦489.03 billion long, recorded yesterday. Consequently, both the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –25 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦489.03 billion long, compared with the opening balance of ₦531.32 billion long, recorded yesterday. Consequently, the Open Repo Rate (OPR) increased to 11.25%, while the…
FINANCIAL MARKETS TODAY –24 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦531.32 billion long, compared with the opening balance of ₦382.74 billion long, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased to 11.13%, while the…
FINANCIAL MARKETS TODAY –23 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦382.74 billion long, compared with the opening balance of ₦18.11 billion long, recorded yesterday. This was bolstered by FAAC inflows. Consequently, the Open Repo Rate (OPR) and…