FINANCIAL MARKETS TODAY – 29 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity decreased today, compared to last Friday’s balance. Nonetheless, the Open Repo Rate (OPR) declined by 55 bps to 25.58%, while the Overnight…
FINANCIAL MARKETS WEEKLY – 26 JULY 2024
FIXED INCOME MARKETS Money Markets This week, system liquidity improved due to inflows from FAAC and Bond Coupon. As a result, the Open Repo Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY – 25 July 2024
FIXED INCOME MARKETS Money Market Opening system improved further from yesterday’s balance. Consequently, the Open Repo Rate (OPR) declined by 843 bps to 26.45%, while the Overnight Rate (O/N) decreased…
FINANCIAL MARKETS TODAY – 24 July 2024
FIXED INCOME MARKETS Money Market Opening system improved to a positive balance today. Nonetheless, the Open Repo Rate (OPR) increased by 363 bps to 34.88%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 23 July 2024
FIXED INCOME MARKETS Money Market Opening system fell to a negative balance today. Accordingly, the Open Repo Rate (OPR) increased by 591 bps to 31.25%, while the Overnight Rate (O/N)…
MPC HIGHLIGHT – JULY 2024
During today’s MPC meeting, the committee reaffirmed its hawkish approach to addressing inflation. The CBN governor conveyed confidence in the potential moderation of inflation in the near future, despite the…
FINANCIAL MARKETS TODAY – 22 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity improved today, driven by inflows from FAAC and FGN bond coupons. Accordingly, the Open Repo Rate (OPR) declined by 605 bps to…
FINANCIAL MARKETS WEEKLY – 19 JULY 2024
FIXED INCOME MARKETS Money Markets System liquidity remained negative throughout the week, as there were no significant inflows. Overall, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell…
FINANCIAL MARKETS TODAY – 18 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity remained in the negative. Although, some inflows from bond coupon relatively supported system liquidity. Thus, the Open Repo Rate (OPR) declined by…
FINANCIAL MARKETS TODAY – 17 July 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained negative. Thus, the Open Repo Rate (OPR) increased by 45 bps to 31.85%, while the Overnight Rate (O/N) increased by 30 bps…
