FINANCIAL MARKETS TODAY-02 March 2023
FIXED INCOME MARKETS Money Markets Given today’s FX refund, opening system liquidity improved further with a balance of c.₦992.68 billion long, compared to yesterday’s opening balance of c.₦1,017.09 billion. However, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY-01 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved further with a balance of c.₦992.68 billion long, compared to yesterday’s opening balance of c.₦829.97 billion. However, the Overnight Policy Rate (OPR) remained unchanged at 10.50%,…
FINANCIAL MARKETS TODAY-28 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded an improved balance of c.₦829.97 billion long, compared to yesterday’s opening balance of c.₦717.60 billion. However, the Overnight Policy Rate (OPR) remained unchanged at 10.50%, while…
FINANCIAL MARKETS TODAY-27 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦717.60 billion, compared to last week Friday’s opening balance of c.₦662.61 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained…
FINANCIAL MARKETS TODAY-24 FEBRUARY 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦662.61 billion, compared to yesterday’s opening balance of c.₦269.80 billion, due to FAAC inflows. Consequently, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY-23 FEBRUARY 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦269.80 billion, compared to yesterday’s opening balance of c.₦ 195.5 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) declined to…
FINANCIAL MARKETS TODAY-22 FEBRUARY 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦195.5 billion, compared to yesterday’s negative opening balance of c.₦ 22.1billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 21 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a negative balance of c.₦ 22.1 billion, slightly improved when compared to yesterday’s negative balance of c.₦ 57.8 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 20 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a negative balance of c.₦ 57.8 billion compared to yesterday’s opening balance of c.₦ 156.6 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased to…
FINANCIAL MARKETS TODAY – 17 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦156.6 billion compared to yesterday’s opening balance of c.₦88.6 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased to 17.13% and 17.81%…