FINANCIAL MARKETS TODAY – 13 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in the negative territory, opening at -c.₦2,088.11 billion today compared with -c.₦2,269.58 billion recorded yesterday. Consequently, both the Open Repo Rate and Overnight Rate increased by…
FINANCIAL MARKETS TODAY – 12 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in the negative territory, opening at -c.₦2,269.58 billion today compared with -c.₦2,292.06 billion recorded yesterday. Consequently, both the Open Repo Rate and Overnight Rate increased by…
FINANCIAL MARKETS TODAY – 11 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in the negative territory, opening at -c.₦2,292.06 billion today compared with -c.₦2,221.81 billion recorded last Friday. Consequently, both the Open Repo Rate and Overnight Rate increased by…
FINANCIAL MARKETS TODAY – 07 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity took a significant downturn, dropping from a deficit of c.₦1,497.87 billion yesterday to around c.₦2,520.36 billion today. Consequently, both the Open Repo Rate and Overnight Rate increased by c.58 bps…
FINANCIAL MARKETS TODAY – 06 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity decreased significantly, shifting from a deficit of c.₦612.03 billion yesterday to around ₦1,497.87 billion today. As a result, both the Open Repo Rate and Overnight Rate saw increases, rising by…
FINANCIAL MARKETS TODAY – 05 March 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity maintained a deficit balance today at c.-₦612.03 billion, from -₦1,593.09 billion recorded yesterday. Consequently, the Open Repo Rate and Overnight Rate increased by c.133 bps and c.155 bps to…
FINANCIAL MARKETS TODAY – 04 March 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity plunged further into the negative territory, following the c.₦1.06 trillion OMO bills allotment at last week’s close. To provide context, system liquidity opened at -₦1,593.09 billion, from…
FINANCIAL MARKETS TODAY – 29 February 2024
FIXED INCOME MARKETS MONEY MARKETS 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%, respectively. Outlook: We expect the interbank rates to maintain…
FINANCIAL MARKETS TODAY – 28 February 2024
FIXED INCOME MARKETS Money Market Opening system liquidity augmented to a positive level today at ₦136.16 billion from -₦549.57 billion recorded yesterday, bolstered by FAAC inflows. Consequently, the Open Repo Rate and Overnight Rate contracted by c.389…
FINANCIAL MARKETS TODAY – 27 February 2024
FIXED INCOME MARKETS Money Market System liquidity stayed in the negative at -₦549.57 billion slightly higher than -₦618.07 billion recorded yesterday. Nonetheless, the Open Repo Rate and Overnight Rate increased by c.191 bps and c.246 bps to 25.46% and…
