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 day.

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 previous day.

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% from 7.00% and 7.25% respectively, the previous day. Treasury Bills Activities in the NTB… Continue reading FINANCIAL MARKETS TODAY-16 July 2021

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 14.50% and 15.00% respectively, the previous day.

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 (ON) rates trended lower to settle at 14.50% and 15.00% from 19.75% and 20.50% respectively

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% from
11.25% and 11.75% respectively, yesterday.

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% from 10.00% and 10.20% respectively, yesterday.

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% respectively,
yesterday.