Monthly Financial Market Update – May 2025
Global Macroeconomic Review United States:The US Federal Reserve maintained a cautious monetary stance throughout the period, holding its benchmark interest rate steady at 4.25%-4.50% as policymakers navigated complex economic crosscurrents. This…
FINANCIAL MARKETS TODAY – 10 June 2025
System Liquidity Interbank liquidity stayed stable, aided by ₦264bn OMO maturities despite CRR debits. Rates remained around 26.5%; OPR was flat at 26.50%, and O/N rate dipped 1bp to 26.95%. Treasury Bills T-Bills market activity was subdued, with few…
FINANCIAL MARKETS WEEKLY – 05 JUNE 2025
System Liquidity The CBN’s ₦1.51 trillion OMO allotment caused a ₦1.14 trillion liquidity withdrawal, reducing system liquidity to ₦706.49 billion. However, infrastructure inflows and bond coupon payments offered relief. OPR and O/N rates were stable,…
FINANCIAL MARKETS TODAY – 04 June 2025
System Liquidity Liquidity remained strong despite today’s ₦450bn NTB auction. OPR rose 8bps to 26.50%, while O/N dipped 4bps to 26.88%. Treasury Bills Trading was quiet as focus shifted to the ₦450bn NTB auction. Activity was limited, especially…
FINANCIAL MARKETS TODAY – 03 June 2025
System Liquidity Liquidity improved from OMO maturities, keeping interbank rates stable. The OPR eased 8bps to 26.42%, while the O/N rate dipped 2bps to 26.92%. Treasury Bills Trading remained muted with selective interest in mid-to-long tenors (Nov,…
FINANCIAL MARKETS TODAY – 02 June 2025
System Liquidity Liquidity improved from state infrastructure disbursements, supporting stable interbank rates. Despite a ₦600bn OMO auction, bids reached ₦1.53trn, with ₦1.51trn allotted. The OPR held at 26.50%, and the O/N rate closed at 26.94%.…
FINANCIAL MARKETS WEEKLY – 30 MAY 2025
System Liquidity System liquidity remained strong despite two ₦600bn OMO auctions and net CRR debits. Inflows from OMO maturities, Sukuk allocations, and disbursements offset tightening efforts. Interbank rates stayed stable; OPR closed flat at 26.50%,…
FINANCIAL MARKETS TODAY – 29 May 2025
System Liquidity Despite the ₦300B Sukuk bond settlement, interbank rates remained stable at 26.5%, with O/N ticking up slightly. Treasury Bills Market activity was subdued but focused on mid-to-long tenors, especially March/May NTBs and April/November…
FINANCIAL MARKETS TODAY – 28 May 2025
System Liquidity Liquidity remained elevated from ₦984.22B OMO maturities and fiscal inflows. The CBN absorbed ₦482.33B via OMO auction. Despite this, interbank rates stayed firm at 26.5%, showing resilience even after FGN bond settlements. Treasury…
FINANCIAL MARKETS TODAY – 27 May 2025
System Liquidity ₦984.22bn OMO maturity boosted liquidity, keeping interbank rates steady. OPR held at 26.50%, while O/N rate rose slightly to 26.89%. Treasury Bills Bullish sentiment drove selective demand for short-dated OMO and NTB papers. Activity…
