FINANCIAL MARKETS TODAY – 04 October 2022
FIXED INCOME MARKET Money Market The Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended higher to settle at 16.25% and 16.75% respectively, from 15.50% and 16.00% recorded on Friday. We expect the money market rates to remain at double-digits…
FINANCIAL MARKETS TODAY – 30 September 2022
FIXED INCOME MARKET Money Market Interbank system liquidity improved significantly to ₦578.57billion from ₦48.40 billion recorded the previous day. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended lower to settle at 15.50% and…
FINANCIAL MARKETS TODAY –29 September 2022
FIXED INCOME MARKET Money Market Interbank system liquidity opened slightly higher with a balance of ca ₦48.40 billion, compared to the previous day’s opening of ca ₦47.01 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY –28 September 2022
FIXED INCOME MARKET Money Market Interbank system liquidity opened at ca ₦47.01 billion, lower than the previous day’s opening of ca ₦213.13 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended higher to settle at 16.17% and…
FINANCIAL MARKETS TODAY –27 September 2022
FIXED INCOME MARKET Money Market Interbank system liquidity opened the day with a credit balance of ca ₦213.13 billion compared to yesterday’s opening balance of ₦26.59 billion. Thus, the Overnight Policy Rate (OPR) trended lower to settle at 14.00% from…
FINANCIAL MARKETS TODAY –26 September 2022
FIXED INCOME MARKET FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a balance of ₦26.59 billion, higher than Friday’s negative balance of ca -₦169.99 billion. Thus, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY –23 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained in negative territory, with an opening balance of c.-₦169.99 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended higher to settle at 14.83% and 15.00%…
FINANCIAL MARKETS TODAY –22 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened lower with a deficit balance of ca ₦201.95 billion compared to yesterday’s opening balance of ca -₦71.31 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended…
FINANCIAL MARKETS TODAY –21 September 2022
FIXED INCOME MARKET Interbank system liquidity opened c.₦71.31 billion short, significantly lower than yesterday’s opening balance of c.₦128.17 billion due to the bond auction settlement. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY –20 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a credit balance of c.₦128.17 billion, compared to yesterday’s opening balance of c.₦28.28 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate…
