FINANCIAL MARKETS WEEKLY – 26 SEPTEMBER 2025
System Liquidity The interbank market enjoyed robust liquidity from coupon, FAAC, OMO, and NTB inflows, driving DMB placements at the CBN’s SDF window and pushing average funding costs down 204bps w/w to 24.69% following the MPC’s rate cut. Treasury…
FINANCIAL MARKETS WEEKLY – 19 SEPTEMBER 2025
System Liquidity Interbank liquidity remained strong despite ₦660bn CCS repayment and ₦267bn NTB settlement. Inflows from OMO maturities, bond coupons, and CBN allocations supported stability. Rates stayed firm at 26.5% as liquidity eased w/w to ₦1.67trn…
FINANCIAL MARKETS WEEKLY – 12 SEPTEMBER 2025
System Liquidity System liquidity rose ₦446.13bn w/w to ₦2.085trn, supported by NTB and OMO maturities despite CRR debits. Interbank rates stayed stable near 26.5%, with OPR flat at 26.50% and O/N easing 4bps to 26.96%. Treasury Bills The NTB market was…
FINANCIAL MARKETS WEEKLY – 05 SEPTEMBER 2025
System Liquidity Liquidity stayed ample, rising from ₦1.39trn to ₦2.22trn on OMO maturities, inflows, and derivatives. Despite CBN’s ₦600bn OMO mop-up and CRR debits, interbank rates stayed low. OPR closed steady at 26.50%, O/N marginally higher at…
FINANCIAL MARKETS WEEKLY – 29 AUGUST 2025
System Liquidity Liquidity improved on FAAC disbursements, coupon payments, and OMO maturities, partly offset by debits and auction outflows. Market liquidity doubled to ₦1.40tn, keeping OPR at 26.50% and O/N at 26.95%. Treasury Bills Trading was quiet,…
FINANCIAL MARKETS WEEKLY – 22 AUGUST 2025
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 lower to 28.90% and 29.15%. Treasury Bills…
FINANCIAL MARKETS WEEKLY – 15 AUGUST 2025
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 CBN’s SLF window, pushing the OPR and O/N rates up by 560bps and…
FINANCIAL MARKETS WEEKLY – 08 AUGUST 2025
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 OMO settlement. Liquidity rebounded to a ₦750.3 billion…
FINANCIAL MARKETS WEEKLY – 01 AUGUST 2025
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 CBN. Funding costs remained stable, with the OPR steady at…
FINANCIAL MARKETS WEEKLY – 25 JULY 2025
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 week. OPR dipped 583 bps to 26.50%, while O/N declined by 575bps…
