FINANCIAL MARKETS TODAY – 05 August 2021

System Liquidity eased slightly today, opening with a balance of ca ₦107.27 billion, lower than the previous day’s opening of ca ₦155.00 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.25% and 5.50% from 8.50% and 9.00% respectively, the previous day.

FINANCIAL MARKETS TODAY – 04 August 2021

System Liquidity improved slightly today, opening with a balance of ca ₦155.00 billion, higher than the previous day’s opening of ca ₦138.55 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 8.50% and 9.00% from 7.50% and 8.00% respectively, the previous day.

FINANCIAL MARKETS TODAY – 03 August 2021

System Liquidity eased today, opening with a balance of ca ₦138.55 billion, lower than the previous day’s opening of ca ₦285.44 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 7.50% and 8.00% from 5.25% and 5.75% respectively, the previous day.

FINANCIAL MARKETS TODAY – 02 August 2021

with a balance of ca ₦285.44 billion, higher than the Friday’s opening of ca ₦230.92 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.25% and 5.75% from 7.50% and 7.75% respectively, the previous day.

FINANCIAL MARKETS TODAY – 30 July 2021

FIXED INCOME MARKET Money Markets System Liquidity remained buoyant, opening with a balance of ca ₦230.92 billion, higher than the previous day’s opening of ca ₦207.59 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 7.50% and 7.75% from 10.75% and 11.00% respectively, the previous day. Treasury Bills… Continue reading FINANCIAL MARKETS TODAY – 30 July 2021

FINANCIAL MARKETS TODAY – 29 July 2021

FIXED INCOME MARKET Money Markets System Liquidity improved today, opening with a balance of ca ₦207.59 billion, higher than previous day’s opening of ca -₦26.14 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 10.75% and 11.00% from 16.00% and 15.50% respectively, the previous day. Treasury Bills Activity… Continue reading FINANCIAL MARKETS TODAY – 29 July 2021

FINANCIAL MARKETS TODAY – 27 July 2021

FIXED INCOME MARKET Money Markets System liquidity opened at ca ₦9.08 billion today, a slight improvement from yesterday’s deficit balance of ca -₦18.02 billion as the repayment of OMO maturities hit the system. However, Open Buy Back (OBB) and Overnight (ON) rates trended higher to close at 15.75% and 16.25% from 15.00% and 15.75% respectively,… Continue reading FINANCIAL MARKETS TODAY – 27 July 2021

FINANCIAL MARKETS TODAY – 26 July 2021

FIXED INCOME MARKET Money Markets System liquidity opened the week in a deficit of ca -₦18.02 billion, significantly lower than Friday’s opening balance of ca ₦521.54 billion. Nevertheless, Open Buy Back (OBB) and Overnight (ON) rates trended lower to close at 15.00% and 15.75% from 27.50% and 28.75% respectively, the previous day. Treasury Bills The… Continue reading FINANCIAL MARKETS TODAY – 26 July 2021

FINANCIAL MARKETS TODAY – 23 July 2021

close at 27.50% and 28.75% from 8.00% and 8.25% respectively, the previous day. This was due to the CRR and FX retail auction debits passed today by the CBN. Thus, system liquidity is expected to be lower than previous day’s opening of ca ₦29.12 billion.