FINANCIAL MARKETS TODAY –24 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦531.32 billion long, compared with the opening balance of ₦382.74 billion long, recorded yesterday. Nonetheless, the Open Repo Rate…
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FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦531.32 billion long, compared with the opening balance of ₦382.74 billion long, recorded yesterday. Nonetheless, the Open Repo Rate…
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦382.74 billion long, compared with the opening balance of ₦18.11 billion long, recorded yesterday. This was bolstered by FAAC…
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦18.11billion long, compared with the opening balance of ₦14.55 billion long, recorded last week Friday. Consequently, the Open Repo…
FIXED INCOME MARKETS Money Markets At the start of the week, system liquidity opened at c.₦69.83billion long. Subsequently, the bond auction settlement significantly mopped off market liquidity. Thus, Liquidity fell…
FIXED INCOME MARKETS Money Markets Opening System liquidity remained negative at c. ₦67.21billion short, compared with the opening balance of ₦201.37 billion short, recorded yesterday. Consequently, the Open Repo Rate…
Inflation Watch – No Case for a Pullback Nigeria’s inflation for April 2023 increased to 22.22% Y-o-Y (Est. +22.10%), an increase of c.0.18% from 22.04% Y-o-Y recorded in March 2023.…
FIXED INCOME MARKETS Money Markets Due to the bond auction settlement today, the Opening System liquidity declined to c. ₦201.37billion short, compared with the opening balance of ₦34.77 billion long…
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦34.77billion long, compared with the opening balance of ₦69.83 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight…
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦69.83billion long, compared with the opening balance of ₦701.24 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS Money Markets Opening System liquidity fell slightly to c.₦701.24 billion long, compared with the opening balance of ₦756.77 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR)…