FINANCIAL MARKETS TODAY – 25 October 2022
FIXED INCOME MARKET Money Market The Overnight Policy Rate (OPR) and Overnight (ON) rates trended slightly higher to settle at 16.34% and 16.51% from 16.33% and 16.50%, recorded the previous…
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FIXED INCOME MARKET Money Market The Overnight Policy Rate (OPR) and Overnight (ON) rates trended slightly higher to settle at 16.34% and 16.51% from 16.33% and 16.50%, recorded the previous…
FIXED INCOME MARKET Money Market The interbank rates remained elevated at double-digit levels as the Overnight Policy Rate (OPR) and Overnight Rate (O/N) held steady at 16.33% and 16.50%, respectively,…
FIXED INCOME MARKET Money Market Interbank system liquidity opened with a negative balance of -₦134.61 billion, relatively better than yesterday’s opening balance of ca – ₦261.87 billion. Overall, liquidity levels…
FIXED INCOME MARKET Money Market Interbank system liquidity opened with a negative balance of ca – ₦261.87 billion, lower than yesterday’s balance of ca -₦238.06 billion. Thus, the Overnight Policy…
FIXED INCOME MARKET Money Market Interbank system liquidity slipped further into the deficit zone, with an opening balance of ca – ₦238.06 billion, significantly lower than yesterday’s balance of ca…
FIXED INCOME MARKET Money Market Interbank system liquidity opened with a negative balance of ca-₦128.20billion, lower than yesterday’s opening balance of ca -₦110.34billion. Consequently, the Overnight Policy Rate (OPR) printed…
Headline Inflation rose to 20.77% in September 2022 Nigeria’s Consumer Price Index (CPI) for the month of September 2022 accelerated to 20.77% Y-o-Y (vs Bloomberg median estimate +21.00%), an increase…
FIXED INCOME MARKET Money Market Interbank system liquidity opened negative with a balance of -₦110.34 billion, compared to Friday’s balance of ₦196.99 billion. Thus, the Overnight Policy Rate (OPR) and…
FIXED INCOME MARKET Money Market Interbank system liquidity improved significantly with an opening balance of ca ₦196.99 billion, compared to yesterday’s balance of ₦74.51 billion. Thus, the Overnight Policy Rate…
FIXED INCOME MARKET Money Market Today’s interbank system liquidity opened positive, with a balance of ₦74.51 billion, significantly higher than yesterday’s balance of ca -₦63.07 billion. Thus, the Overnight Policy…