FINANCIAL MARKETS TODAY – 30 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the day with a deficit balance of ca -₦2.23 billion, lower than yesterday’s opening balance of ca ₦185.14 billion due to the funding provisions for the NTB and Sukuk bond auction debits.…
FINANCIAL MARKETS TODAY – 29 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity remains elevated, to open with a credit balance of ca ₦185.14 billion lower than Friday’s balance of ca ₦350.48 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 24 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, to open with a credit balance of ca ₦350.48 billion higher than yesterday’s balance of ca -₦309.40 billion due to FAAC inflows. However, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 23 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered further today, opening with a deficit balance of ca -₦309.40 billion significantly lower than yesterday’s balance of ca -₦1.25 billion. Nonetheless, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 22 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of ca -₦1.25 billion, lower than yesterday’s opening balance of ca ₦55.20 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 20 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦30.57 billion, a slight improvement from Friday’s deficit balance of ca -₦24.36 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 17 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity retracted to open with a deficit balance of ca -₦24.36 billion, lower than yesterday’s opening of ca ₦77.59 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 16 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦77.59 billion, a slight improvement from yesterday’s deficit balance of ca -₦65.10 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 15 December 2021
Macroeconomic Update Nigeria’s Consumer Price Index (CPI) for November dropped by 59bps, to settle at 15.40% year-on-year from October figures which were printed at 15.99%, as indicated in the reports released by the National Bureau of Statistics. The…
FINANCIAL MARKETS TODAY – 14 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of -ca ₦51.42billion, lower than yesterday’s opening balance of ca ₦120.38 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended…
