FINANCIAL MARKETS TODAY –12 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity worsened to ₦131.46 billion short, compared with ₦125.04 billion short, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 189bps to 20.00%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –11 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦125.04 billion short, compared with ₦73.44 billion short, recorded last Friday. As a result, the Open Repo Rate (OPR) increased by 228bps to 20.11%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –07 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦165.09 billion, compared with ₦282.20 billion, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 93bps to 4.00%, while the Overnight Rate (O/N) expanded by 113bps…
FINANCIAL MARKETS TODAY –06 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦282.20 billion, compared with ₦227.13 billion, recorded yesterday. Nevertheless, the Open Repo Rate (OPR) increased by 27bps to 3.07%, while the Overnight Rate (O/N) expanded by…
FINANCIAL MARKETS TODAY –05 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦227.13 billion, compared with ₦222.31 billion, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 122bps to 2.80%, while the Overnight Rate (O/N) expanded by 15bps…
FINANCIAL MARKETS TODAY –04 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦222.31 billion, compared with ₦353.60 billion, recorded last Friday. Thus, the Open Repo Rate (OPR) increased by 9bps to 1.58%, while the Overnight Rate (O/N) expanded by 17bps to…
FINANCIAL MARKETS TODAY –31 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity fell to ₦268.61 billion, compared with ₦640.08 billion, recorded yesterday. This was due to the LDR shortfall statutory debits and CBN’s FX intervention, As a result, the Open Repo Rate…
FINANCIAL MARKETS TODAY –30 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved to ₦640.08 billion, compared with ₦339.72 billion, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 8bps to 2.58%, while the Overnight Rate (O/N) declined by 10bps…
FINANCIAL MARKETS TODAY –04 October 2023
FIXED INCOME MARKETS Money Market Following some statutory CRR deductions, the opening system liquidity declined by 55.62% to ₦572.69 billion from ₦1.29 trillion yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 110bps…
FINANCIAL MARKETS TODAY –04 October 2023
FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 130bps and 155bps to 2.30% and 3.00%,…
