FINANCIAL MARKETS TODAY – 28 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦35.71 billion, lower than the previous day’s balance of ca -₦4.99 billion. Thus, the Overnight Policy…
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FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦35.71 billion, lower than the previous day’s balance of ca -₦4.99 billion. Thus, the Overnight Policy…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a deficit balance of ca -₦4.99 billion, higher than Friday’s opening balance of ca -₦445.44 billion, due to…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦445.44 billion, significantly lower than yesterday’s opening of ca ₦335.64 billion short. In addition, the CBN…
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to 13.83% and 14.00% from 14.00% and 14.13%, recorded the previous day. However, we…
FIXED INCOME MARKET Money Markets Interbank system liquidity further tightened today, opening with a deficit balance of – ₦328.81 billion, lower than previous day’s opening of ca – ₦85.96 billion,…
FIXED INCOME MARKET Money Markets Interbank system liquidity declined to c.₦52.64 billion today from ₦78.39 billion recorded on Friday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate increased to…
FIXED INCOME MARKET Money Markets Interbank system liquidity declined to c.₦52.64 billion today from ₦78.39 billion recorded on Friday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate increased to…
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, closing with a credit balance of ₦78.39 billion against yesterday’s negative balance of ₦92.97 billion. Consequently, Overnight Policy Rate…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦92.97 billion, significantly lower than yesterday’s opening balance of ₦11.21 billion. Consequently, Overnight Policy Rate (OPR)…
Headline Inflation in Nigeria increased to 17.71% in May 2022 Nigeria’s Consumer Price Index (CPI) for May 2022 printed higher at 17.71% Y-o-Y (Bloomberg median estimate +17.50%), an increase of…