FINANCIAL MARKETS TODAY – 01 July 2021

FIXED INCOME MARKET

Money Markets

Liquidity in the banking system opened at ca ₦26.59 billion, lower than previous day’s opening of ca ₦201.25 billion. However, with no significant funding activity the Open Buy Back (OBB) and Overnight (ON) rates remained unchanged at 11.50% and 12.00%, respectively.

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