FINANCIAL MARKETS TODAY –09 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity plummeted by 66.89% to ₦269.08 billion from yesterday’s ₦812.76 billion. Despite this decline, the Open Repo Rate (OPR) and Overnight Rate (O/N) both saw reductions, dropping by 242bps to…
FINANCIAL MARKETS TODAY –08 January 2024
FIXED INCOME MARKETS Money Market System liquidity remained robust at ₦812.76 billion compared to ₦812.76 billion recorded last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) plunged by 720bps and 640bps to 7.05%, and 8.50%,…
FINANCIAL MARKETS WEEKLY – 05 January 2024
FIXED INCOME MARKETS Money Markets System liquidity maintained a positive level all through the week and recorded +361.65% increase from ₦186.90 billion last week to ₦862.82 billion. As a result, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –04 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.18% to ₦132.79 billion compared to ₦237.90 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 175bps and 167bps to 13.71%, and 14.33%,…
FINANCIAL MARKETS TODAY –03 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.36% to ₦237.90 billion compared to ₦427.54 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 13bps and 5bps to 15.46%, and…
FINANCIAL MARKETS TODAY –02 January 2024
FIXED INCOME MARKETS Money Market System liquidity surged by 128.75% to ₦427.54 billion compared to ₦186.90 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 27bps and 48bps to 15.33%, and…