FINANCIAL MARKETS TODAY – 7 August 2025
System Liquidity System liquidity rebounded to a ₦229.4 billion surplus following a ₦173.25 billion NTB settlement. Funding rates were broadly stable, with the OPR unchanged at 26.6% and the O/N…
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System Liquidity System liquidity rebounded to a ₦229.4 billion surplus following a ₦173.25 billion NTB settlement. Funding rates were broadly stable, with the OPR unchanged at 26.6% and the O/N…
System Liquidity System liquidity swung sharply into a deficit of ₦1.6 trillion from a previous surplus of ₦2.3 trillion due to the recent OMO auction settlement. Despite this, the Overnight…
Global Macroeconomic Review The U.S. labor market showed clear signs of slowing in July, with employers adding just 73,000 jobs, well below expectations, while May and June payrolls were revised…
System Liquidity Interbank liquidity rose sharply to ₦2.26tn from ₦1.21tn ahead of tomorrow’s NTB auction. However, funding costs increased, with the average rate up 60bps to 27.35%, the OPR up…
System Liquidity System liquidity fell to a ₦1.21tn surplus on reduced DBM participation at the CBN’s SDF window, keeping funding rates elevated with the OPR at 26.5% and the O/N…
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 System liquidity improved by ₦242.1bn to ₦1.5tn, barring significant funding activities. Funding rates were mixed, as the OPR fell 10bps to 26.4% while the Overnight rate inched up…
System Liquidity Despite the ₦185.9bn bond settlement, the system liquidity increased by ₦155.7bn to ₦1.3tn, largely driven by ₦459.0bn increase in SDF. As such, the Overnight Policy Rate (OPR) sustained…
System Liquidity System liquidity dipped by ₦874.3bn to ₦1.1tn, largely driven by the settlement of the previous session’s OMO auction despite a coupon inflow of ₦41.3bn. However, the Overnight Policy…
System Liquidity System liquidity opened the day stronger, rising by ₦648.7bn to ₦1.99tn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight (O/N) rate inched up…