FINANCIAL MARKETS TODAY – 08 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher at N149.69 billion vs ₦25.50 billion recorded yesterday. Despite the improvement in system liquidity, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 7.50% and 8.33%…
FINANCIAL MARKETS TODAY – 07 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦25.50 billion long, compared to ₦178.50 billion recorded yesterday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 6.75% and 7.50%…
FINANCIAL MARKETS TODAY – 06 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week lower, with a credit balance of ₦178.50 billion compared to Friday’s opening balance of c. ₦347.91 billion. Thus, Overnight Policy Rate (OPR) and Overnight (ON) rate settled at…
FINANCIAL MARKETS TODAY – 03 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity declined significantly by c.₦234.23 billion from yesterday’s figure to print at ₦283.71 billion, following another round of CRR debits. Consequently, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 2 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity improved today with a credit balance of ₦537.94 billion, compared to yesterday’s opening figure of c.₦463.39 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to…
FINANCIAL MARKETS TODAY – 1 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.₦ 463.39billion long, significantly higher than yesterday’s opening figure of ₦135.87 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to 6.33% and 7.00%…
FINANCIAL MARKETS TODAY – 31 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦135.87billion (buoyed by OMO maturity of ₦60billion), representing a ₦ 60.63 billion increase from yesterday’s opening balance. Thus, the Overnight…
FINANCIAL MARKETS TODAY – 30 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved, opening with a balance of ca ₦75.24 billion, compared to ₦19.68 billion recorded at the close of the previous week. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate…
FINANCIAL MARKETS TODAY – 27 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved slightly, opening with a balance of ca ₦19.68 billion, better than the previous day’s opening deficit balance of ca ₦74.85 billion. Thus, the Overnight Policy Rate (OPR) held steady at…
FINANCIAL MARKETS TODAY – 26 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the day with a deficit balance of ca -₦74.85 billion, lower than yesterday’s opening balance of ca ₦48.18 billion, due to funding provision for the NTB auction debit. Thus, the Overnight…