FINANCIAL MARKETS TODAY – 23 June 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to 13.83% and 14.00% from 14.00% and 14.13%, recorded the previous day. However, we expect the rates to remain at elevated levels closing the week,…
FINANCIAL MARKETS TODAY – 22 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity further tightened today, opening with a deficit balance of – ₦328.81 billion, lower than previous day’s opening of ca – ₦85.96 billion, due to the FGN bond suction settlement that…
FINANCIAL MARKETS TODAY – 21 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined to c.₦52.64 billion today from ₦78.39 billion recorded on Friday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate increased to 13.75% and 14.00% respectively from…
FINANCIAL MARKETS TODAY – 20 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined to c.₦52.64 billion today from ₦78.39 billion recorded on Friday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate increased to 13.75% and 14.00% respectively from…
FINANCIAL MARKETS TODAY – 17 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, closing with a credit balance of ₦78.39 billion against yesterday’s negative balance of ₦92.97 billion. Consequently, Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 16 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦92.97 billion, significantly lower than yesterday’s opening balance of ₦11.21 billion. Consequently, Overnight Policy Rate (OPR) closed higher at 13.83%…
FINANCIAL MARKETS TODAY – 15 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity declined further to ₦ 11.21billion from ₦ 23.43 billion recorded yesterday. Thus, Overnight Policy Rate (OPR) and Overnight (ON) rate remained elevated at double digit levels, closing at 13.75%…
FINANCIAL MARKETS TODAY – 14 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦23.43billion long from ₦ 259.73 billion recorded on Friday, because of the retail FX auction and CRR debits that took place last week. However, Overnight Policy…
FINANCIAL MARKETS TODAY – 10 June 2022
FIXED INCOME MARKET Money Markets Opening Interbank system liquidity improved significantly to ₦259.73billion from ₦ 87.17 billion recorded yesterday, due to late Retail FX auction refunds. However, today’s Retail FX intervention provisioning caused the…
FINANCIAL MARKETS TODAY – 09 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity printed lower at ₦87.17 billion compared to ₦149.69 billion recorded yesterday, due to NTB auction debits. Nonetheless, Overnight Policy Rate (OPR) and Overnight (ON) rate declined to 6.50% and…
