FINANCIAL MARKETS TODAY – 11 August 2025
System Liquidity Liquidity moderated as system balances dropped ₦436.38Bn, driven by SLF borrowings which rose to ₦186.3Bn from ₦25.0Bn. Despite the tighter conditions, funding costs eased slightly with OPR at 26.42% and O/N steady at 27.00%. Treasury…
FINANCIAL MARKETS TODAY – 7 August 2025
System Liquidity System liquidity rebounded to a ₦229.4 billion surplus following a ₦173.25 billion NTB settlement. Funding rates were broadly stable, with the OPR unchanged at 26.6% and the O/N rate up slightly by 2bps to 27.02%. Treasury Bills The NTB…
FINANCIAL MARKETS TODAY – 6 August 2025
System Liquidity System liquidity swung sharply into a deficit of ₦1.6 trillion from a previous surplus of ₦2.3 trillion due to the recent OMO auction settlement. Despite this, the Overnight Policy Rate (OPR) and Overnight (O/N) rate declined by 60bps…
FINANCIAL MARKETS TODAY – 5 August 2025
System Liquidity Interbank liquidity rose sharply to ₦2.26tn from ₦1.21tn ahead of tomorrow’s NTB auction. However, funding costs increased, with the average rate up 60bps to 27.35%, the OPR up 50bps to 27.50%, and the O/N rate up 70bps to 27.20%.…
FINANCIAL MARKETS TODAY – 4 August 2025
System Liquidity System liquidity fell to a ₦1.21tn surplus on reduced DBM participation at the CBN’s SDF window, keeping funding rates elevated with the OPR at 26.5% and the O/N rate at 27.0% Treasury Bills The NTB secondary market opened the week…
FINANCIAL MARKETS TODAY – 31 July 2025
System Liquidity System liquidity improved by ₦242.1bn to ₦1.5tn, barring significant funding activities. Funding rates were mixed, as the OPR fell 10bps to 26.4% while the Overnight rate inched up 10bps to 26.98%. Treasury Bills The NTB secondary market…
FINANCIAL MARKETS TODAY – 30 July 2025
System Liquidity Despite the ₦185.9bn bond settlement, the system liquidity increased by ₦155.7bn to ₦1.3tn, largely driven by ₦459.0bn increase in SDF. As such, the Overnight Policy Rate (OPR) sustained 26.5% level, while the Overnight (O/N) rate dipped…
FINANCIAL MARKETS TODAY – 29 July 2025
System Liquidity System liquidity dipped by ₦874.3bn to ₦1.1tn, largely driven by the settlement of the previous session’s OMO auction despite a coupon inflow of ₦41.3bn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight…
FINANCIAL MARKETS TODAY – 28 July 2025
System Liquidity System liquidity opened the day stronger, rising by ₦648.7bn to ₦1.99tn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight (O/N) rate inched up by 8bps to 27.00%. Treasury Bills The Treasury bills…
FINANCIAL MARKETS TODAY – 24 July 2025
System Liquidity FAAC inflows and coupon payments improved the system liquidity significantly by ₦1.18 trillion. Funding rates dropped significantly, with the Overnight Policy Rate (OPR) falling by 475bps to 26.5%, and the Overnight (O/N) rate declining…
