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 – 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.