Liquidity in the banking system opened in a deficit of ca -₦36.09 billion today, lower than the previous day’s opening of ca ₦26.59 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended slightly higher to settle at 12.00% and 12.50% from 11.50% and 12.00% respectively, the previous day.
FINANCIAL MARKETS TODAY – 01 July 2021
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.
FINANCIAL MARKETS TODAY – 30 June 2021
Liquidity in the banking system opened at ca ₦201.25 billion, higher than previous day’s opening deficit balance of ca -₦1.57 billion.
FINANCIAL MARKETS TODAY – 29 June 2021
System liquidity opened in a deficit of ca -₦1.57 billion today, lower than the previous day’s opening of ca ₦44.89 billion.