FINANCIAL MARKETS TODAY – 12 May 2025
System Liquidity Despite strong liquidity, interbank rates rose as CBN debits and FX settlements pushed OPR to 26.90% and O/N rate to 27.45%. Treasury Bills T-Bills traded quietly with light demand at the long end; sparse offers limited activity. Market…
FINANCIAL MARKETS WEEKLY – 09 MAY 2025
System Liquidity Interbank liquidity remained robust despite ₦756.74 bn OMO settlement, ₦310.35 bn net NTB settlment and FX debits; ₦239.15 bn OMO maturities supported funding. OPR held at 26.50%; O/N climbed 12 bps w/w to 26.95%. Treasury Bills Bearish…
FINANCIAL MARKETS TODAY – 08 May 2025
System Liquidity Market interbank liquidity remained ample despite a ₦598.33 bn NTB settlement, comfortably sustaining rates near 26.5%. OPR held at 26.50%, while the Overnight Rate edged up 5 bps to 27.00%. Treasury Bills Following ₦598.33 bn NTB…
FINANCIAL MARKETS TODAY – 07 May 2025
System Liquidity Despite a ₦756.74bn OMO settlement, interbank liquidity remained firm. OPR eased 8bps to 26.50%, while O/N dipped 22bps to 26.95%, indicating improved system liquidity. Treasury Bills T-Bills trading was muted as focus shifted to the NTB…
FINANCIAL MARKETS TODAY – 06 May 2025
System Liquidity System liquidity remained bouyant, though the CBN offered ₦500 bn OMO across two long-term tenors, attracting ₦773.74 bn subscriptions and ₦756.74 bn allotments. Maturing ₦239.15 bn OMOs offset drains. OPR rose 8 bps to 26.58%; O/N…
FINANCIAL MARKETS TODAY – 05 May 2025
System Liquidity System liquidity stayed robust above ₦1.2 trillion, maintaining interbank rate stability. Overnight Policy Rate (OPR) held at 26.50%, while Overnight Rate (O/N) rose 13bps to 26.96% due to moderate liquidity pressures. Treasury Bills The…
Monthly Financial Market Update – April 2025
Global Macroeconomic Review United States:The U.S. economy presented a paradox in April 2025. A rare month-on-month CPI decline of 0.1% for March was observed—the first drop since May 2020—driven by a 6.3% fall in gasoline prices and a 5.3% drop in…
FINANCIAL MARKETS WEEKLY – 02 MAY 2025
System Liquidity Interbank liquidity stayed robust, opening at ₦1.365 trn and closing at ₦1.248 trn, buoyed by ₦259 bn bond coupons and CBN inflows, offsetting ₦804.85 bn OMO auctions. OPR 26.50%, O/N 26.83%. Treasury Bills Trading began subdued, then…
AIICO EUROBOND FUND NEWSLETTER – APRIL 2025
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
FINANCIAL MARKETS TODAY – 30 April 2025
System Liquidity Ample system liquidity around ₦1 trillion kept short-term rates steady. OPR remained flat at 26.50%, while the O/N rate eased slightly by 12bps to 26.83%. Treasury Bills The NTB market was slightly bullish, driven by strong liquidity.…
