FINANCIAL MARKETS TODAY – 07 February 2024
FIXED INCOME MARKETS Money Market Opening system liquidity increased by 144.73% to ₦126.66 billion long today, buoyed by bilateral swap maturities. However, the Open Repo Rate increased by 308bps to…
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FIXED INCOME MARKETS Money Market Opening system liquidity increased by 144.73% to ₦126.66 billion long today, buoyed by bilateral swap maturities. However, the Open Repo Rate increased by 308bps to…
FIXED INCOME MARKETS Money Market System liquidity improved to a positive level as it opened at ₦51.76 billion long, compared with yesterday’s opening balance of -₦172.43 billion. Consequently, the Open…
FIXED INCOME MARKETS Money Market System liquidity remained negative, opening at -₦172.43 billion, compared with Friday’s opening balance of -₦307.65 billion. Consequently, the Open Repo Rate increased by 190bps to…
FIXED INCOME MARKETS Money Market In the absence of material inflows, opening system liquidity was reported at -₦287.27 billion, compared with previous day’s opening figure of -₦320.25 billion. Nonetheless, the…
FIXED INCOME MARKETS Money Market Opening system liquidity slid further into the negative zone as it printed at -₦320.25 billion, compared with previous day’s opening figure of -₦22.08 billion. This…
FIXED INCOME MARKETS Money Market Opening system liquidity remained positive today. However, the Open Repo Rate and Overnight Rate increased by c.143 bps and c.80 bps to 23.00% and 23.94%,…
FIXED INCOME MARKETS Money Market Due to the settlement of the OMO auction that took place yesterday, system liquidity opened in a negative position today at -₦22.08 billion, compared with…
FIXED INCOME MARKETS Money Market Opening system liquidity was buoyed by FAAC credit today, as it rose from ₦52.97 billion negative, to ₦482.16 billion positive. Consequently, the Open Repo Rate…
FIXED INCOME MARKETS Money Market Opening system liquidity stayed short at ₦234.71 billion short, from the previous day’s ₦29.82 billion deficit. Consequently, the Open Repo Rate increased by 184bps to…
FIXED INCOME MARKETS Money Market Opening system liquidity retained its negative standing at ₦29.82 billion short, down from the previous day’s ₦338.34 billion deficit. Consequently, positive movements were observed in…