FINANCIAL MARKETS TODAY – 04 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positively today at ₦345.29 billion, a significant increase from the -₦79.51 billion reported yesterday. Overall, the Open Repo Rate (OPR) decreased by 124 bps to 27.94%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 03 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity fell back to a deficit region at -₦79.51 billion from ₦80.71 billion reported last week Friday. Overall, the Open Repo Rate (OPR) increased by 9bps to 29.18%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 30 May 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened in negative territory at -₦350.55 billion, a significant shift from the previous day’s ₦478.97 billion positive, due to the OMO auction that occurred yesterday. Despite this, the Open Repo…
FINANCIAL MARKETS TODAY – 29 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening System liquidity improved today from -₦153.52 billion recorded yesterday to ₦478.97 billion today. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by 9 bps and 8bps to 31.32% and…
FINANCIAL MARKETS TODAY – 28 May 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained at a deficit today, as it opened at -₦153.52 billion compared to -₦46.00 billion yesterday. Consequently, the Open Repo Rate (OPR) rose by 72 basis points to 31.41%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 27 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity returned to its negative territory at -₦46.00 billion from ₦170.43 billion reported last week Friday, following the settlement of the OMO auction. Nevertheless, the Open Repo Rate (OPR)…
FINANCIAL MARKETS TODAY – 23 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity worsened to -₦787.46 billion from -₦760.63 billion reported yesterday. Thus, the Open Repo Rate (OPR) increased by 178 bps to 31.72% while the Overnight Rate (O/N) increased by 168 bps to…
FINANCIAL MARKETS TODAY – 22 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity relatively improved today to -₦760.63 billion from -₦945.95 billion reported yesterday. As a result, the Open Repo Rate (OPR) contracted by 152 bps to 29.94% while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 21 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity decreased to -₦945.95 billion from -₦863.04 billion yesterday, pushing the Open Repo Rate (OPR) up by 121 bps to 31.46% and causing the Overnight Rate (O/N) to increase by 99 bps to 32.07%.…
FINANCIAL MARKETS TODAY – 20 May 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity is estimated to have opened in a deficit of -₦622.46 billion. Consequently, the Open Repo Rate (OPR) increased by 29bps to 30.25%, while the Overnight Rate (O/N) rose by 40 bps to 31.08%. Outlook: We…
