FINANCIAL MARKETS TODAY – 24 March 2023
FIXED INCOME MARKETS Money Markets System liquidity declined further with an opening balance of c.-₦404.58 billion, compared to yesterday’s opening balance of c.-₦280.23billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) decreased…
FINANCIAL MARKETS TODAY – 23 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity slipped into the negative territory (c.-₦280.23 billion, compared to yesterday’s opening balance of c.₦197.27billion long), following yesterday’s FGN bond auction settlement which caused most…
FINANCIAL MARKETS TODAY – 22 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦197.27 billion, compared to yesterday’s opening balance of c.₦224.13billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased to 18.38% and 18.75%…
FINANCIAL MARKETS TODAY – 20 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to ₦59.80billion, compared to last week Friday’s opening balance of ₦235.84 billion. However, the CBN, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) decreased to 12.25% and…
FINANCIAL MARKETS TODAY – 17 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity was estimated to be over ₦600 billion long, buoyed by retail FX refunds and FGN bond coupon payment. However, because of the retail FX SMIS that was conducted today by the CBN, the Overnight…
FINANCIAL MARKETS TODAY – 16 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity fell slightly to a balance of c.₦574.03 billion, compared to yesterday’s opening balance of c.₦588.39 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained the same…
FINANCIAL MARKETS TODAY – 15 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to a balance of c.₦588.39 billion, compared to yesterday’s opening balance of c.₦262.90 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained the same at…
FINANCIAL MARKETS TODAY – 14 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to a balance of c.₦262.90 billion, compared to yesterday’s opening balance of c.₦234.57 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) settled higher at…
FINANCIAL MARKETS TODAY – 13 March 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved to a balance of c.₦234.57 billion, compared to Friday’s opening balance of c.₦197.26 billion. However, the Overnight Policy Rate (OPR) remained unchanged from Friday’s rate at 10.50%…
FINANCIAL MARKETS TODAY-10 MARCH 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to a balance of c.₦197.26 billion, compared to yesterday’s opening balance of c.₦233.84 billion. However, the Overnight Policy Rate (OPR) remained unchanged from yesterday’s rate at…
