FINANCIAL MARKETS TODAY – 31 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity increased further today. Nonetheless, the Open Repo Rate (OPR) increased by 4 bps to 25.43%, while the Overnight Rate (O/N) decreased by 2bps to 25.85%. Outlook: We expect interbank rates to…
FINANCIAL MARKETS TODAY – 30 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity increased today. Consequently, the Open Repo Rate (OPR) declined by 19 bps to 25.39%, while the Overnight Rate (O/N) decreased by 16 bps to 25.87%. Outlook: We expect interbank rates to hover at…
FINANCIAL MARKETS TODAY – 29 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity decreased today, compared to last Friday’s balance. Nonetheless, the Open Repo Rate (OPR) declined by 55 bps to 25.58%, while the Overnight Rate (O/N) decreased by 63 bps to 26.03%.…
FINANCIAL MARKETS TODAY – 25 July 2024
FIXED INCOME MARKETS Money Market Opening system improved further from yesterday’s balance. Consequently, the Open Repo Rate (OPR) declined by 843 bps to 26.45%, while the Overnight Rate (O/N) decreased by 845 bps to 27.08%. Outlook: We expect interbank…
FINANCIAL MARKETS TODAY – 24 July 2024
FIXED INCOME MARKETS Money Market Opening system improved to a positive balance today. Nonetheless, the Open Repo Rate (OPR) increased by 363 bps to 34.88%, while the Overnight Rate (O/N) increased by 362 bps to 35.53%. Outlook: We expect interbank rates…
FINANCIAL MARKETS TODAY – 23 July 2024
FIXED INCOME MARKETS Money Market Opening system fell to a negative balance today. Accordingly, the Open Repo Rate (OPR) increased by 591 bps to 31.25%, while the Overnight Rate (O/N) increased by 610 bps to 31.91%. Outlook: We expect interbank rates…
FINANCIAL MARKETS TODAY – 22 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity improved today, driven by inflows from FAAC and FGN bond coupons. Accordingly, the Open Repo Rate (OPR) declined by 605 bps to 25.34%, while the Overnight Rate (O/N) decreased by 621 bps to…
FINANCIAL MARKETS TODAY – 18 July 2024
FIXED INCOME MARKETS Money Market Opening system liquidity remained in the negative. Although, some inflows from bond coupon relatively supported system liquidity. Thus, the Open Repo Rate (OPR) declined by 1 bp to 31.84%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 17 July 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained negative. Thus, the Open Repo Rate (OPR) increased by 45 bps to 31.85%, while the Overnight Rate (O/N) increased by 30 bps to 32.43%. Outlook: We expect interbank rates to hover around similar…
FINANCIAL MARKETS TODAY – 16 July 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened with a negative balance. Nonetheless, the Open Repo Rate (OPR) decreased by 7 bps to 31.40%, while the Overnight Rate (O/N) lost 6 bps to 32.13%. Outlook: We expect interbank rates to stay…
