FINANCIAL MARKETS TODAY –14 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 8.64% to c.₦209.36 billion from ₦229.17 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) fell by 9bps to 16.83%, while the Overnight Rate (O/N) increased by 2bps to…
FINANCIAL MARKETS TODAY –13 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 27.78% to c.₦229.17 billion from ₦317.32 billion recorded last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 34bps and 32bps to 16.92% and…
FINANCIAL MARKETS TODAY –09 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 43.52% to c.₦152.23 billion from ₦269.51 billion recorded yesterday. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 38bps and 21bps to 16.88% and 17.63%,…
FINANCIAL MARKETS TODAY –08 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 50.53% to c.₦269.51 billion from ₦544.82 billion recorded yesterday amid the recent round of CRR debit across commercial banks. Thus, the Open Repo Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY –07 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 20.65% to c.₦544.82 billion from ₦451.59 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 15bps and 60bps to 16.32% and…
FINANCIAL MARKETS TODAY –06 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 27.40% to c.₦451.59 billion from ₦354.46 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained unchanged at 16.17% and 16.69%,…
FINANCIAL MARKETS TODAY –02 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 77.33% to c.₦51.04 billion from ₦225.13 billion recorded yesterday. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 416ps and 347bps to 20.08% and 20.60%,…
FINANCIAL MARKETS TODAY –01 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity enhanced by over 500% to c.₦225.13 billion from ₦34.19 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 34bps and 67bps to 15.92% and…
FINANCIAL MARKETS TODAY –31 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity plunged by 96.45% to c.₦34.19 billion from ₦963.79 billion recorded yesterday, due to the CRR and OMO auction debits that took place yesterday. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS TODAY –30 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity opened at c.₦963.79 billion, rising by 13.50% from ₦849.18 billion recorded last Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 90bps and 119bps to 15.30% and…