FINANCIAL MARKETS TODAY –24 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦531.32 billion long, compared with the opening balance of ₦382.74 billion long, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased to 11.13%, while the…
FINANCIAL MARKETS TODAY –23 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦382.74 billion long, compared with the opening balance of ₦18.11 billion long, recorded yesterday. This was bolstered by FAAC inflows. Consequently, the Open Repo Rate (OPR) and…
FINANCIAL MARKETS TODAY –22 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦18.11billion long, compared with the opening balance of ₦14.55 billion long, recorded last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined…
FINANCIAL MARKETS TODAY –18 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity remained negative at c. ₦67.21billion short, compared with the opening balance of ₦201.37 billion short, recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –17 May 2023
FIXED INCOME MARKETS Money Markets Due to the bond auction settlement today, the Opening System liquidity declined to c. ₦201.37billion short, compared with the opening balance of ₦34.77 billion long recorded yesterday. Consequently, the Open Repo Rate…
FINANCIAL MARKETS TODAY –16 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦34.77billion long, compared with the opening balance of ₦69.83 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) both increased by 25bps to…
FINANCIAL MARKETS TODAY –15 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦69.83billion long, compared with the opening balance of ₦701.24 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased to 13.13%…
FINANCIAL MARKETS TODAY –12 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell slightly to c.₦701.24 billion long, compared with the opening balance of ₦756.77 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 113bps to 12.13%, while the…
FINANCIAL MARKETS TODAY –11 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased slightly to c.₦756.77 billion long, compared with the opening balance of ₦721.54 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while…
FINANCIAL MARKETS TODAY –10 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c.₦721.54 billion long, compared with the opening balance of ₦584.69 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while the…
