FINANCIAL MARKETS WEEKLY – 19 APRIL 2024
FIXED INCOME MARKETS MONEY MARKETS This week, system liquidity experienced a significant decrease, mainly due to the debits from the FGN Bond auction, with minimal coupon inflows from the FGN…
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FIXED INCOME MARKETS MONEY MARKETS This week, system liquidity experienced a significant decrease, mainly due to the debits from the FGN Bond auction, with minimal coupon inflows from the FGN…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity fell by 80.59% week-on-week, from ₦347.14 billion last week, to ₦67.38 billion today. Consequently, the Open Repo Rate (OPR) increased by 756…
FIXED INCOME MARKETS MONEY MARKETS At the beginning of the week, the liquidity in the system showed a positive trend, although it briefly turned into a deficit after a significant…
FIXED INCOME MARKETS MONEY MARKETS At the end of the week, system liquidity remained in positive territory, despite c.₦1.19 trillion deducted from the system for NTB auction settlement. To provide…
FIXED INCOME MARKETS MONEY MARKETS At the beginning of the week, system liquidity stood at c.-₦351.51 billion. However, as the week progressed, it shifted to a positive position, thanks to…
FIXED INCOME MARKETS MONEY MARKETS This week, coupon inflows and FGN 2024 bond maturity impacted the financial system, as system liquidity improved to -₦791.69 billion from -₦2,221.81 billion recorded last…
FIXED INCOME MARKETS Money Markets System liquidity stayed in the negative this week. Despite the absence of significant inflows, the robust NTB auction funding worsened the liquidity situation to close…
FIXED INCOME MARKETS Money Markets For the most part of the week, system liquidity reported a deficit balance, with today’s balance at -₦93.57 billion from -₦964.76 billion recorded last Friday.…
FIXED INCOME MARKETS Money Markets After a positive open at the start of the week, system liquidity deteriorated significantly due to the substantial debits from the settlement of the NTB…
FIXED INCOME MARKETS Money Markets System liquidity remained positive throughout the week, albeit experiencing a decrease at week’s end, dropping by 34.22% to ₦77.17 billion compared to ₦117.33 billion the…