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Global Macroeconomic Review United States:The US Federal Reserve maintained a cautious monetary stance throughout the period, holding its benchmark interest rate steady at 4.25%-4.50% as policymakers navigated complex economic crosscurrents.…
System Liquidity Interbank liquidity stayed stable, aided by ₦264bn OMO maturities despite CRR debits. Rates remained around 26.5%; OPR was flat at 26.50%, and O/N rate dipped 1bp to 26.95%.…
System Liquidity The CBN’s ₦1.51 trillion OMO allotment caused a ₦1.14 trillion liquidity withdrawal, reducing system liquidity to ₦706.49 billion. However, infrastructure inflows and bond coupon payments offered relief. OPR…
System Liquidity Liquidity remained strong despite today’s ₦450bn NTB auction. OPR rose 8bps to 26.50%, while O/N dipped 4bps to 26.88%. Treasury Bills Trading was quiet as focus shifted to…
System Liquidity Liquidity improved from OMO maturities, keeping interbank rates stable. The OPR eased 8bps to 26.42%, while the O/N rate dipped 2bps to 26.92%. Treasury Bills Trading remained muted…
System Liquidity Liquidity improved from state infrastructure disbursements, supporting stable interbank rates. Despite a ₦600bn OMO auction, bids reached ₦1.53trn, with ₦1.51trn allotted. The OPR held at 26.50%, and the…
System Liquidity System liquidity remained strong despite two ₦600bn OMO auctions and net CRR debits. Inflows from OMO maturities, Sukuk allocations, and disbursements offset tightening efforts. Interbank rates stayed stable;…
System Liquidity Despite the ₦300B Sukuk bond settlement, interbank rates remained stable at 26.5%, with O/N ticking up slightly. Treasury Bills Market activity was subdued but focused on mid-to-long tenors,…
System Liquidity Liquidity remained elevated from ₦984.22B OMO maturities and fiscal inflows. The CBN absorbed ₦482.33B via OMO auction. Despite this, interbank rates stayed firm at 26.5%, showing resilience even…
System Liquidity ₦984.22bn OMO maturity boosted liquidity, keeping interbank rates steady. OPR held at 26.50%, while O/N rate rose slightly to 26.89%. Treasury Bills Bullish sentiment drove selective demand for…
