Category: Weekly Market Report

System Liquidity Liquidity swung as OPR/O/N spiked above 32% early, eased with ₦1.25tn inflows, then tightened again on CBN’s ₦600bn OMO issuance. By week’s end, liquidity settled positive, pushing OPR/O/N…

System Liquidity The interbank market opened the week with a ₦750.33 billion surplus but slipped into a deficit by week’s end amid persistent liquidity tightness and increased use of the…

System Liquidity The money market saw mild volatility, with early funding rate increases despite strong liquidity, before a sharp mid-week swing to a ₦1.61 trillion deficit after the ₦2.13 trillion…

System Liquidity The interbank market saw improved liquidity, rising by ₦261.25 billion week-on-week to ₦1.61 trillion, despite outflows from the FGN bond auction and a sizable OMO auction by the…

System Liquidity Following FAAC inflow of about ₦850 billion and reduction in DMBs use of CBN’s SLF window, system liquidity improved significantly to ₦1.35 trillion at the end of the…

System Liquidity System liquidity remained tight due to AMCON and CBN FX settlements, deepening the market into a ₦724.74 billion debit. Despite a ₦65.36 billion bond coupon inflow, rates stayed…

System Liquidity Liquidity conditions worsened due to CRR debits, a massive ₦1.25tn OMO auction, and CBN FX settlements. Despite temporary relief from NTB redemptions and FPI inflows, interbank rates rose…

System Liquidity Liquidity started strong but tightened midweek due to a ₦600bn OMO auction and corporate tax remittances. CBN’s CRR debits later drained liquidity, spiking rates to 29%. Week-on-week, OPR…

System Liquidity Liquidity swung sharply during the week, peaking at ₦1.58 trillion after FAAC and NTB inflows. Despite midweek CBN settlements driving OPR/O/N rates above 32%, rates closed lower at…

System Liquidity CBN’s ₦600bn OMO auction and CRR debits initially spiked interbank rates. Midweek OMO maturities restored liquidity, but late-week outflows re-tightened conditions. Rates ended higher, with OPR at 28.17%…