FINANCIAL MARKETS TODAY –22 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦18.11billion long, compared with the opening balance of ₦14.55 billion long, recorded last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined…
FINANCIAL MARKETS TODAY –18 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity remained negative at c. ₦67.21billion short, compared with the opening balance of ₦201.37 billion short, recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –17 May 2023
FIXED INCOME MARKETS Money Markets Due to the bond auction settlement today, the Opening System liquidity declined to c. ₦201.37billion short, compared with the opening balance of ₦34.77 billion long recorded yesterday. Consequently, the Open Repo Rate…
FINANCIAL MARKETS TODAY –16 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦34.77billion long, compared with the opening balance of ₦69.83 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) both increased by 25bps to…
FINANCIAL MARKETS TODAY –15 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦69.83billion long, compared with the opening balance of ₦701.24 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased to 13.13%…
FINANCIAL MARKETS TODAY –12 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell slightly to c.₦701.24 billion long, compared with the opening balance of ₦756.77 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 113bps to 12.13%, while the…
FINANCIAL MARKETS TODAY –11 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased slightly to c.₦756.77 billion long, compared with the opening balance of ₦721.54 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while…
FINANCIAL MARKETS TODAY –10 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c.₦721.54 billion long, compared with the opening balance of ₦584.69 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while the…
FINANCIAL MARKETS TODAY –09 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c.₦585.69 billion long, compared with the opening balance of ₦534.78 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both increased to…
FINANCIAL MARKETS TODAY –08 May 2023
FIXED INCOOME MARKETS Money Markets Opening System liquidity increased to c.₦534.78 billion long, compared with the opening balance of ₦343.84 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both…
