FINANCIAL MARKETS TODAY – 12 October 2022
FIXED INCOME MARKET Money Market Interbank system liquidity remained negative with an opening balance of ca -₦63.07 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained at double-digit levels to settle at 16.25% and…
FINANCIAL MARKETS TODAY – 11 October 2022
FIXED INCOME MARKET Money Market Interbank system liquidity slipped further into the deficit zone, opening with a balance of ca -₦136.79 billion, lower than Friday’s balance of ca -₦79.66 billion. However, with no significant funding needs and additional…
FINANCIAL MARKETS TODAY – 07 October 2022
FIXED INCOME MARKET Money Market The Overnight Policy Rate (OPR) remained unchanged at 16.25%, while the Overnight Rate (O/N) trended higher to settle at 17.25% from 16.75%, recorded the previous day. Treasury Bills The NTB secondary market closed the…
FINANCIAL MARKETS TODAY – 06 October 2022
FIXED INCOME MARKET Money Market Interbank system liquidity declined today, opening with a balance of ₦99.92 billion, significantly lower than the previous day’s opening balance of ca ₦352.75 billion. Thus, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 05 October 2022
FIXED INCOME MARKET Money Market Interbank system liquidity opened with a credit balance of ₦352.75 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) stayed stable at 16.25% and 16.75% respectively, unchanged from the previous…
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…
