FINANCIAL MARKETS TODAY –29 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved to ₦339.72 billion, compared with -₦260.79 billion, recorded yesterday, bolstered by FAAC credits. As a result, the Open Repo Rate (OPR) fell by 2067bps to 2.50%, while the Overnight…
FINANCIAL MARKETS TODAY –17 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved to ₦177.47 billion long, compared to ₦33.55 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 236bps and 176bps to 21.42% and…
FINANCIAL MARKETS TODAY –16 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦33.55 billion long, compared to ₦191.21 billion recorded yesterday, due to the FGN bond auction settlement that took place today. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS TODAY –15 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦193.20 billion long, depicting 35.23% compared to the value recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 230bps and 160bps…
FINANCIAL MARKETS TODAY –14 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦215.74 billion long, compared with ₦298.28 billion recorded last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both increased by 300bps to 5.00% and…
FINANCIAL MARKETS TODAY –08 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦360.65billion long, compared with ₦294.35 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased by 315bps and 400bps to 2.75%…
FINANCIAL MARKETS TODAY –07 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦294.35billion long, compared with ₦355.75 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 7bps and 37bps to 5.90% and…
FINANCIAL MARKETS TODAY –03 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦839.84 billion long, compared with ₦824.00 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 14bps and 21bps to 1.07% and…
FINANCIAL MARKETS TODAY –01 August 2023
Fixed income markets Money Markets Opening system liquidity increased to ₦810.49 billion long, compared with ₦788.93 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 1.29bps and 1.15 bps respectively…
FINANCIAL MARKETS TODAY –31 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦788.93 billion long, compared with ₦686.56 billion recorded last week Friday. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 2bps respectively to 0.92%…