FINANCIAL MARKETS TODAY – 16 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦88.6 billion compared to yesterday’s opening balance of c.₦-176.6 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) fell to 15.38% and 16.25%…
FINANCIAL MARKETS TODAY – 15 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity fell to c.₦-176.6 billion compared to yesterday’s opening balance of c.₦ 566.5 billion, due to the FGN bond auction settlement. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 14 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved to c.₦566.5 billion compared to yesterday’s opening balance of c.₦ 456.9 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased to 10.75% and 11.20%…
FINANCIAL MARKETS TODAY – 13 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦456.9 billion compared to last week Friday’s opening balance of c.₦ 400.5 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) decreased to 10.50% and…
FINANCIAL MARKETS TODAY – 10 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦400.5 billion compared to yesterday’s opening balance of c.₦ 459.3 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased to 10.75% and 11.13%…
FINANCIAL MARKETS TODAY – 9 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦459.3billion because of the NTB auction settlement, compared to yesterday’s opening balance of c.₦ 650.3 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight…
FINANCIAL MARKETS TODAY – 8 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased today to c.₦ 650.3 billion compared to yesterday’s c.₦ 472.3 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) remained unchanged at 10.50% and at…
FINANCIAL MARKETS TODAY – 7 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased today to c.₦ 472.3 billion compared to yesterday’s c.₦ 280.1 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) remained unchanged at 10.50% and at…
FINANCIAL MARKETS TODAY – 6 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦300 billion long, in the absence of official figures by the CBN. Thus, the Overnight Policy Rate (OPR) remained unchanged at 10.50% from Friday while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 3 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦800 billion long, in the absence of official figures by the CBN. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) closed higher at 10.88% and 11.06%…
