FINANCIAL MARKETS TODAY – 08 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, with an opening balance of ca – ₦78.94 billion, lower than Friday’s balance of ca ₦74.93 billion. Thus, the Overnight Policy Rate (OPR) trended higher to 14.75%…
FINANCIAL MARKETS TODAY – 05 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly higher today at ca ₦74.93 billion long buoyed by late retail FX refunds on Thursday, compared with yesterday’s negative opening balance of ca ₦19.59 billion. However, the…
FINANCIAL MARKETS TODAY – 04 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦19.59 billion short, lower than yesterday’s opening balance of ca ₦56.50 billion. Thus, the Overnight Policy Rate (OPR) printed higher at 14.67% from 14.50% the previous day, while…
FINANCIAL MARKETS TODAY – 03 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined further today, opening with a balance of ₦56.50 billion, lower than the previous day’s opening balance of ca ₦103.27 billion. Thus, the Overnight Policy Rate (OPR) printed higher at…
FINANCIAL MARKETS TODAY – 02 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined today, opening with a balance of ₦103.27 billion, lower than the previous day’s opening balance of ca ₦247.13 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate…
FINANCIAL MARKETS TODAY – 01 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened at ca ₦247.13 billion today, significantly higher than Friday’s opening of a ca ₦89.99 billion deficit, due to late FAAC inflows. Thus, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 29 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.-₦89.99 billion negative, higher than yesterday’s opening of c.-₦413.40 billion. Thus, the Overnight Policy Rate (OPR) printed lower at 14.75% from 15.00% the previous day, while the…
FINANCIAL MARKETS TODAY – 28 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tightened further with an opening balance of ca ₦413.40 billion short. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (ON) stayed elevated at 15.00%. Treasury Bills The Treasury…
FINANCIAL MARKETS TODAY – 27 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca – ₦163.62 billion, significantly lower than yesterday’s balance of ca -₦25.36 billion. The Overnight Policy Rate (OPR) and the Overnight Rate (ON) closed at 14.75% and 15.00%,…
FINANCIAL MARKETS TODAY – 26 July 2022
FIXED INCOME MARKET Money Markets In the absence of official figures, opening system liquidity was estimated at c.N40bn short. Thus, the Overnight Policy Rate (OPR) printed higher at 15.00% from 14.83% the previous day, while the Overnight Rate (ON) held…
