FINANCIAL MARKETS TODAY – 29 May 2025
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, especially March/May NTBs and April/November…
FINANCIAL MARKETS TODAY – 28 May 2025
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 after FGN bond settlements. Treasury…
FINANCIAL MARKETS TODAY – 27 May 2025
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 short-dated OMO and NTB papers. Activity…
FINANCIAL MARKETS TODAY – 26 May 2025
System Liquidity CBN absorbed excess liquidity via ₦600bn OMO auction after SRA inflows. Despite strong demand and CRR debits, interbank rates stayed stable near 26.5%. Treasury Bills Market opened calm, with mild bullish sentiment in July, August, and…
FINANCIAL MARKETS TODAY – 22 May 2025
System Liquidity Interbank liquidity improved, remaining positive despite NTB auction settlement. This stability kept the Overnight Policy Rate at 26.50%, while the Overnight (O/N) rate rose slightly by 6bps to 26.96%. Treasury Bills NTB secondary market…
FINANCIAL MARKETS TODAY – 21 May 2025
System Liquidity Liquidity remained positive despite OMO settlement pressure, keeping interbank rates stable. The Overnight Policy Rate held at 26.50%, while the Overnight (O/N) rate dipped slightly by 5bps to 26.90%. Treasury Bills The T-bills market…
FINANCIAL MARKETS TODAY – 20 May 2025
System Liquidity The MPC held all policy rates unchanged. Liquidity improved via ₦1.14 trillion OMO maturities, prompting a ₦500 billion OMO auction, which saw strong demand. Interbank rates stayed stable with OPR and O/N rates at 26.50% and 26.95%.…
FINANCIAL MARKETS TODAY – 19 May 2025
System Liquidity Interbank liquidity remained ample with no major funding pressures. Consequently, the OPR and O/N rates held steady at 26.50% and 26.96%, respectively. Treasury Bills Activity was muted in NTBs, though long-dated OMO bills—especially the…
FINANCIAL MARKETS TODAY – 15 May 2025
System Liquidity Liquidity improved after ₦175bn FGN coupon and CBN inflows. OPR dropped 165bps to 26.85%, and O/N rate fell 202bps to 27.40%. Treasury Bills The market was mixed; 07-May NTB sold off, rising 5bps, while longer-dated OMO papers gained…
FINANCIAL MARKETS TODAY – 14 May 2025
System Liquidity Interbank liquidity tightened after CBN’s FX settlement, pushing OPR up 100bps to 28.50% and O/N rate up 92bps to 29.42%. Treasury Bills The market saw strong demand across the curve, especially in long-dated OMO bills like Aug 2025, Dec…
