FINANCIAL MARKETS TODAY-14 July 2021
FIXED INCOME MARKET Stop rates for the 91 and 182-day tenors at the Nigerian Treasury Bills (NTB) Primary Market Auction (PMA) remained unchanged at 2.50% and 3.50% respectively, while the 364-day declined for the third consecutive auction to close at…
FINANCIAL MARKETS TODAY-13 July 2021
Liquidity in the banking system slipped into a deficit to open at ca -₦24.99 billion, lower than the previous day’s opening of ca ₦28.63 billion. As a result, Open Buy Back (OBB) and Overnight (ON) rates trended higher to close at 18.50% and 19.00% from…
FINANCIAL MARKETS TODAY-12 July 2021
System Liquidity opened the week with a balance of ca ₦28.63 billion, lower than the previous day’s opening of ca ₦149.26 billion ensued by the CRR debits and funding for the retail SMIS auction on Friday. Nevertheless, Open Buy Back (OBB) and Overnight…
FINANCIAL MARKETS TODAY – 09 July 2021
System Liquidity improved significantly today, opening with a balance of ca ₦149.26 billion, higher than previous day’s opening of ca ₦24.15 billion. Nevertheless, Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 19.75% and 20.50%…
FINANCIAL MARKETS TODAY – 08 July 2021
System Liquidity eased further today, opening with a balance of ca ₦24.15 billion today, lower than previous day’s opening of ca ₦53.53 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 11.25% and 11.75%…
FINANCIAL MARKETS TODAY – 07 July 2021
System Liquidity opened with a balance of ca ₦53.53 billion today, lower than previous day’s opening of ca ₦205.76 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 10.00% and 10.20% from 9.75% and 10.25%…
FINANCIAL MARKETS TODAY – 06 July 2021
System Liquidity opened with a balance of ca ₦205.76 billion today, higher than previous day’s opening of ca ₦170.94 billion, as inflows from OMO maturities impacted the system. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower…
FINANCIAL MARKETS TODAY – 05 July 2021
Banking system Liquidity Improved significantly, to open with ca ₦170.94 billion today, higher than Friday’s opening of ca -₦36.09 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 10.25% and 10.75% from…
FINANCIAL MARKETS TODAY – 02 July 2021
Liquidity in the banking system opened in a deficit of ca -₦36.09 billion today, lower than the previous day’s opening of ca ₦26.59 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended slightly higher to settle at 12.00% and…
FINANCIAL MARKETS TODAY – 01 July 2021
Liquidity in the banking system opened at ca ₦26.59 billion, lower than previous day’s opening of ca ₦201.25 billion. However, with no significant funding activity the Open Buy Back (OBB) and Overnight (ON) rates remained unchanged at 11.50% and 12.00%,…
