FINANCIAL MARKETS TODAY – 15 August 2022
FIXED INCOME MARKET Money Market Interbank system liquidity opened ca ₦38.03billion short, lower than Friday’s opening balance of c.-₦3.65billion. Thus, with no significant inflows, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher…
FINANCIAL MARKETS TODAY – 12 August 2022
FIXED INCOME MARKET Money Market System liquidity opened significantly lower with a negative balance of c.₦3.65 billion, compared to yesterday’s opening balance of c.₦40.79 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 11 August 2022
FIXED INCOME MARKET Interbank system liquidity improved today, with an opening balance of ₦40.79 billion, higher than the previous day’s opening balance of ca ₦19.53 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 10 August 2022
FIXED INCOME MARKET Interbank system liquidity opened the day with a credit balance of ca ₦19.53 billion, higher than yesterday’s deficit of ca -₦81.86 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to settle at…
FINANCIAL MARKETS TODAY – 09 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦81.86 billion short, lower than yesterday’s opening balance of ca-₦78.94 billion. Thus, the Overnight Policy Rate (OPR) trended higher to 14.83% from 14.75% recorded in the previous…
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…