FINANCIAL MARKETS TODAY – 6 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦300 billion long, in the absence of official figures by the CBN. Thus, the Overnight Policy Rate (OPR) remained unchanged at 10.50% from Friday while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 3 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦800 billion long, in the absence of official figures by the CBN. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) closed higher at 10.88% and 11.06%…
FINANCIAL MARKETS TODAY – 2 February 2023
FIXED INCOME MARKETS Money Markets System liquidity declined to c.₦812.90 billion compared to c.₦1.22 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) remained unchanged at 10.50% while the Overnight Rate (O/N) declined…
FINANCIAL MARKETS TODAY – 1 February 2023
FIXED INCOME MARKETS Money Markets System liquidity remained elevated at c.₦ 1.22 trillion, vs c.₦ 1.02 billion recorded the previous day. Overall, the Overnight Policy Rate (OPR) remained unchanged at 10.50% while the Overnight Rate (O/N) declined to…
FINANCIAL MARKETS TODAY – 31 January 2023
FIXED INCOME MARKETS Money Markets System liquidity improved significantly to c.₦ 1.02 trillion long, compared to c.₦ 581.26 billion recorded yesterday. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both remained unchanged at…
FINANCIAL MARKETS TODAY – 30 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened lower today at c.₦ 581.26 billion long, compared to c.₦ 1.22 trillion recorded last week Friday, due to CRR debits. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY – 27 January 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity remained significantly buoyant at c.₦ 1.22 trillion, compared to yesterday’s balance of c.₦ 956.95 billion. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both remained…
FINANCIAL MARKETS TODAY – 26 January 2023
FIXED INCOME MARKETS Money Markets System liquidity declined slightly today to c.₦ 956.95 billion, compared to yesterday’s balance of c.₦ 1.06 trillion. Consequently, the Overnight Rate (O/N) rose slightly to 11.00% while the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 25 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity opened c.₦ 1.06 trillion, compared to yesterday’s opening balance of c.₦ 886.11 billion. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 24 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened significantly higher at c.₦886.11 billion, bolstered by FAAC inflows, compared to yesterday’s opening balance of c.₦71.64 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate…
