FINANCIAL MARKETS TODAY – 26 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity eased to ₦567.50 billion from ₦921.73 billion recorded yesterday. Overall, the Open Repo Rate (OPR) increased by 23 bps to 23.68%, while the Overnight Rate (O/N) increased by 10 bps to 24.14%.…
FINANCIAL MARKETS TODAY – 25 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity moderated by 3.13% to ₦921.73 billion from ₦951.51 billion reported yesterday. Overall, the Open Repo Rate (OPR) declined by 5 bps to 23.45%, while the Overnight Rate (O/N) increased by 1 bp to…
FINANCIAL MARKETS TODAY – 24 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved further today to ₦951.51 billion, up from ₦712.07 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) declined by 175 bps to 23.50%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 20 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened short at -₦532.03 billion, down from ₦768.39 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 265 bps to 23.71%, while the Overnight Rate (O/N) decreased by 260 bps…
FINANCIAL MARKETS TODAY – 19 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positive today at ₦768.39 billion, up from ₦132.75 billion reported last week Friday. Nevertheless, the Open Repo Rate (OPR) rose by 73 bps to 26.36%, while the Overnight Rate (O/N) increased by…
FINANCIAL MARKETS TODAY – 13 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained negative at -₦187.63 billion, an improvement from the -₦261.96 billion reported on Tuesday. Overall, the Open Repo Rate (OPR) rose by 61 bps to 30.64%, while the Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY – 11 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in deficit today at -₦261.96 billion, lower than the -₦212.99 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 35 bps to 30.03%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 10 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in deficit today at -₦212.99 billion, lower than the -₦90.43 billion reported last week Friday. As a result, the Open Repo Rate (OPR) increased by 43 bps to 30.38%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 06 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved to ₦29.66 billion from -₦85.37 billion yesterday. Consequently, the Open Repo Rate (OPR) declined by 43 bps to 29.25%, while the Overnight Rate (O/N) fell by 32 bps to 29.94%. Outlook: We…
FINANCIAL MARKETS TODAY – 05 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity fell into negative territory as it opened at -₦85.37 billion from ₦345.29 billion yesterday due to the OMO auction debit. As a result, the Open Repo Rate (OPR) increased by 174 basis points to 29.68%,…