FINANCIAL MARKETS TODAY –30 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity opened at c.₦963.79 billion, rising by 13.50% from ₦849.18 billion recorded last Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 90bps and 119bps to 15.30% and…
FINANCIAL MARKETS TODAY –26 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity was boosted by FAAC and coupon credits, as it increased by 107.42% to c.₦528.51 billion from ₦254.80 billion recorded yesterday. Although, the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –25 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 28.87% to c.₦254.80 billion from ₦197.73 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 50bps and 60bps to 3.50% and…
FINANCIAL MARKETS TODAY –24 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 17.22% to c.₦197.73 billion from ₦238.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 114bps and 110bps to 3.00% and…
FINANCIAL MARKETS TODAY –23 October 2023
FIXED INCOME MARKETS Money Market System liquidity fell slightly by 3.10% to c.₦238.85 billion from ₦246.50 billion recorded last Friday. Accordingly, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 36bps and 30bps to 1.86% and 2.50%,…
FINANCIAL MARKETS TODAY –19 October 2023
FIXED INCOME MARKETS Money Market System liquidity improved today with net additions of c.₦164.93 billion to open at ₦495.09 billion compared to yesterday’s opening balance. Accordingly, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 25bps…
FINANCIAL MARKETS TODAY –18 October 2023
FIXED INCOME MARKETS Money Market System liquidity slipped by c.₦250.82 billion to open at ₦330.16 billion compared to yesterday’s opening balance. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 23bps and 30bps to 1.17%…
FINANCIAL MARKETS TODAY –17 October 2023
FIXED INCOME MARKETS Money Market System liquidity dropped by c.₦36.63 billion to open at ₦580.98 billion compared to yesterday’s opening balance. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) stayed at 0.94% and 1.50%, respectively.…
FINANCIAL MARKETS TODAY –16 October 2023
FIXED INCOME MARKETS Money Market System liquidity opened at ₦617.61 billion from ₦448.75 billion last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 6bps and 17bps to 0.94% and 1.50%, respectively. Outlook: We…
FINANCIAL MARKETS TODAY –12 October 2023
FIXED INCOME MARKETS Money Market The financial system maintained its buoyant status today, as system liquidity opened at ₦480.69 billion from ₦459.34 billion yesterday. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 7bps and…
