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…
FINANCIAL MARKETS TODAY – 29 September 2021
Money Markets System liquidity declined today, opening in a deficit of ca ₦105.10 billion, lower than previous day’s opening balance of ca ₦39.15 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 9.50% and…
FINANCIAL MARKETS TODAY – 28 September 2021
System liquidity improved today, opening with a balance of ca ₦39.15 billion, higher than previous day’s opening deficit of ca ₦72.26 billion, as inflows of ca ₦102 billion impacted the system from Open Market Operations (OMO) maturities. Thus, the Open…
FINANCIAL MARKETS TODAY – 27 September 2021
Interbank system liquidity opened in a deficit ca ₦72.26 billion, better than Friday’s opening deficit of ca ₦211.01 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 15.33% and 16.00% from 16.00% and 17.25%…
FINANCIAL MARKETS TODAY – 24 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened in a deficit ca -₦211.01 billion, significantly lower than the previous day’s balance of ca -₦0.27 billion due to the funding needs on the back of the Bond auction settlement. Thus, the…
FINANCIAL MARKETS TODAY – 23 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, albeit still in a deficit at ca ₦0.27 billion against a negative balance of ca ₦77.99 billion yesterday. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 22 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped further into a deficit to open at ca – ₦77.99 billion, lower than the previous day’s opening of ca – ₦60.25 billion. Consequently, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 21 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity waned today, opening with a deficit balance of ca -₦60.25 billion which is lower than the previous day’s opening balance of ca ₦35.67 billion. Thus, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 20 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity opened the first day of the week, with a balance of ca ₦35.67 billion lower than Friday’s opening of ca ₦316.19 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 17 September 2021
The Monetary Policy Committee (MPC) concluded its 2-day meeting today, retaining all key policy rates - The Monetary Policy Rate (MPR), Cash Reserve Ratio (CRR) and Liquidity ratio at 11.50%, 27.50% and 30.00% respectively, while maintaining an…
