FINANCIAL MARKETS TODAY –19 September 2023
FIXED INCOME MARKETS Money Market System liquidity opened the trading session on a negative footing at c.-₦41.43 billion, in contrast to the ₦110.77 billion registered yesterday. The Open Repo Rate (OPR) declined by 120 basis points, settling at 14.63%,…
FINANCIAL MARKETS TODAY –18 September 2023
FIXED INCOME MARKETS Money Market As a result of the coupon inflows observed today, the overall system liquidity opened the trading session on a favourable footing, amounting to c.₦110.77 billion in excess, in contrast to the deficit of ₦317.53 billion…
FINANCIAL MARKETS TODAY –14 September 2023
FIXED INCOME MARKETS Money Market System liquidity opened on a negative note today, at ₦344.34 billion short, compared with ₦450.31 billion short, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 75bps to 23.50%, while the Overnight…
FINANCIAL MARKETS TODAY –13 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity fell to ₦450.31 billion short, compared with ₦131.46 billion short, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 75bps to 22.75%, while the Overnight Rate (O/N) expanded…
FINANCIAL MARKETS TODAY –12 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity worsened to ₦131.46 billion short, compared with ₦125.04 billion short, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 189bps to 20.00%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –11 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦125.04 billion short, compared with ₦73.44 billion short, recorded last Friday. As a result, the Open Repo Rate (OPR) increased by 228bps to 20.11%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –07 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦165.09 billion, compared with ₦282.20 billion, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 93bps to 4.00%, while the Overnight Rate (O/N) expanded by 113bps…
FINANCIAL MARKETS TODAY –06 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦282.20 billion, compared with ₦227.13 billion, recorded yesterday. Nevertheless, the Open Repo Rate (OPR) increased by 27bps to 3.07%, while the Overnight Rate (O/N) expanded by…
FINANCIAL MARKETS TODAY –05 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦227.13 billion, compared with ₦222.31 billion, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 122bps to 2.80%, while the Overnight Rate (O/N) expanded by 15bps…
FINANCIAL MARKETS TODAY –04 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦222.31 billion, compared with ₦353.60 billion, recorded last Friday. Thus, the Open Repo Rate (OPR) increased by 9bps to 1.58%, while the Overnight Rate (O/N) expanded by 17bps to…