FINANCIAL MARKETS TODAY –07 December 2023
FIXED INCOME MARKETS Money Market Opening system dipped by c.138.30% from ₦644.48 billion long to -₦246.85 billion today, largely ascribed to the NTB auction debit. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 399bps…
FINANCIAL MARKETS TODAY –06 December 2023
FIXED INCOME MARKETS Money Market Opening system increased by c.51.13% from ₦426.43 billion to ₦644.48 billion today. Although, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 66bps and 68bps to 16.21%, and 16.68%, respectively.…
FINANCIAL MARKETS TODAY –05 December 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved by c. 112.07% from ₦201.08 billion to ₦426.43 billion today. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 6bps and 21bps to 15.55%, and 16.00%,…
FINANCIAL MARKETS TODAY –04 December 2023
FIXED INCOME MARKETS Money Market Opening system liquidity slipped by ₦203.01 billion from ₦404.09 billion on Friday to ₦201.08 billion today. Nonetheless, both the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 14bps and 11bps to 15.61%,…
FINANCIAL MARKETS WEEKLY – 01 December 2023
FIXED INCOME MARKETS Money Markets System liquidity was majorly positive this week, improving from last week’s negative position of ₦186.43 billion short to ₦404.09 billion long, bolstered by FAAC credits. As a result, the Open Repo Rate (OPR) and…
FINANCIAL MARKETS TODAY –30 November 2023
FIXED INCOME MARKETS Money Market The money market concluded the month on a positive note, with the opening system liquidity showing a notable increase, reaching c.₦346.60 billion compared to yesterday’s opening value of -₦6.59 billion. Consequently,…
FINANCIAL MARKETS TODAY –29 November 2023
FIXED INCOME MARKETS Money Market Today, system liquidity experienced a decline, moving into negative territory with an opening figure of c.-₦6.59 billion. This marks a substantial decrease of c.104% compared to the previous day’s opening liquidity…
FINANCIAL MARKETS TODAY –28 November 2023
FIXED INCOME MARKETS Money Market System liquidity opened c.₦173.77 billion positive, an improvement from yesterday’s opening position of ₦106.89 billion. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) witnessed downward adjustments,…
FINANCIAL MARKETS TODAY –27 November 2023
FIXED INCOME MARKETS Money Market There was a significant improvement in system liquidity, driven by inflows from FAAC. It opened positively at approximately ₦106.89 billion, a significant turnaround from the -₦186.43 billion recorded the previous…
FINANCIAL MARKETS TODAY –23 November 2023
FIXED INCOME MARKETS Money Market The opening system liquidity stayed in the negative territory, amounting to -₦363.57 billion, a decline from yesterday’s -₦204.89 billion. This was influenced by the debit from the NTB auction and the continued…
