FINANCIAL MARKETS WEEKLY – 31 JANUARY 2025
Money Markets Interbank liquidity saw mixed trends this week. Early improvements, driven by CRR credits, OMO maturities, and FAAC inflows, eased rates, with the Overnight Policy Rate (OPR) and Overnight…
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Money Markets Interbank liquidity saw mixed trends this week. Early improvements, driven by CRR credits, OMO maturities, and FAAC inflows, eased rates, with the Overnight Policy Rate (OPR) and Overnight…
Money Market Interbank liquidity increased today due to the inflow of pending FAAC credits into the system. As a result, interbank rates decreased. Specifically, the Overnight Policy Rate (OPR) fell…
Money Market Interbank liquidity decreased today due to the settlement of the FGN bond auction winnings, which totaled c.₦606 billion. As a result, interbank rates rose. Specifically, the Overnight Policy…
Money Market Interbank liquidity continued to improve today, bolstered by inflows via CRR credits and OMO maturities, thus leading to a further easing in interbank rates. Specifically, the Overnight Policy…
Money Market Interbank liquidity continued to improve today, leading to a further easing in interbank rates. Specifically, the Overnight Policy Rate (OPR) fell by 0.42% to 26.58%, while the Overnight…
Money Markets Interbank liquidity fluctuated throughout the week, influenced by FGN bond coupon inflows, FAAC payments, and Remita credits. Early in the week, liquidity improved slightly but remained negative, keeping…
Money Market Interbank liquidity showed a marginal improvement but continued to operate at a deficit, affected by the net NTB settlement debit of around ₦518.93 billion, which constrained market liquidity…
Money Market Interbank liquidity started off lower, dipping into negative territory. However, as the day progressed, liquidity improved significantly due to the deposit of some FAAC payments and bond coupons.…
Money Market Interbank liquidity experienced a significant recovery due to inflows from Remita, Net Cash Reserve Ratio (CRR) credits, and FGN bond coupons. Consequently, interbank rates decreased. Specifically, the Overnight…
Money Market Interbank liquidity improved slightly due to inflows from the FGN bond coupon amounting to c.₦66 billion. However, this was not enough to shift liquidity into positive territory, as…