FINANCIAL MARKETS TODAY – 23 July 2021
close at 27.50% and 28.75% from 8.00% and 8.25% respectively, the previous day. This was due to the CRR and FX retail auction debits passed today by the CBN. Thus, system liquidity is expected to be lower than previous day’s opening of ca ₦29.12…
FINANCIAL MARKETS TODAY – 22 July 2021
System liquidity opened at ca ₦29.12 billion today, lower than the Monday’s opening of ca ₦62.88 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended lower to close at 8.00% and 8.25% from 11.00% and 11.50% respectively, the previous…
FINANCIAL MARKETS TODAY – 19 July 2021
System liquidity opened at ca ₦62.88 billion today, slightly higher than the Friday’s opening of ca ₦60.11 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended higher to close at 11.00% and 11.50% from 4.50% and 4.75% respectively, the…
FINANCIAL MARKETS TODAY-16 July 2021
Money Markets Liquidity in the banking system opened at ca ₦60.11 billion today, significantly lower than the previous day’s opening of ca ₦842.13 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended lower to close at 4.50% and 4.75%…
FINANCIAL MARKETS TODAY-15 July 2021
Money Markets System Liquidity opened with a balance of ca ₦824.13 billion today, higher than previous day’s opening of ca ₦207.27 billion, as inflows from bond maturities, coupon payments, NTB, and OMO maturities hit the system. As a result, Open Buy…
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%…
