FINANCIAL MARKETS TODAY – 14 October 2021

Interbank system liquidity opened with a balance of ca ₦5.59 billion, lower than the previous day’s opening balance of ca ₦75.14 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 11.00% and 11.25% from 7.50% and 8.00% respectively, the previous day.

FINANCIAL MARKETS TODAY – 13 October 2021

Interbank system liquidity opened with a balance of ca ₦75.14 billion, lower than the previous day’s opening balance of ca ₦190.61 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 7.50% and 8.00% from 5.00% and 5.50% respectively, the previous day.

FINANCIAL MARKETS TODAY – 12 October 2021

Interbank system liquidity opened with a balance of ca ₦190.61 billion, higher than previous day’s opening balance of ca ₦91.98 billion as inflows of ca ₦110.00 billion from Open Market Operations (OMO) maturities impacted the system. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.00% and 5.50% from 10.00% and 10.67% respectively, the previous day.

FINANCIAL MARKETS TODAY – 11 October 2021

Interbank system liquidity opened with a balance of ca ₦91.98 billion, higher than Friday’s opening balance of ca ₦22.67 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended slightly lower to settle at 10.00% and 10.67% from 14.00% and 14.50% respectively, the previous day.

FINANCIAL MARKETS TODAY – 30 September 2021

Money Markets

Interbank System liquidity improved significantly today, opening with a balance of ca ₦437.69, better than previous day’s opening deficit of ca -₦105.10 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 15.00% and 15.75% from 9.50% and 10.75% respectively, the previous day.