FINANCIAL MARKETS TODAY –22 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened lower with a deficit balance of ca ₦201.95 billion compared to yesterday’s opening balance of ca -₦71.31 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended…
FINANCIAL MARKETS TODAY –21 September 2022
FIXED INCOME MARKET Interbank system liquidity opened c.₦71.31 billion short, significantly lower than yesterday’s opening balance of c.₦128.17 billion due to the bond auction settlement. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY –20 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a credit balance of c.₦128.17 billion, compared to yesterday’s opening balance of c.₦28.28 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY –19 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ca ₦25.50 billion long ( due to last week’s Retail FX auction and CRR debits), compared to ca ₦236.67 billion recorded on Friday. Thus, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY –16 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦236.67 billion, slightly lower than the previous day’s opening of c.₦297.92 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended…
FINANCIAL MARKETS TODAY –15 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained buoyant, with a balance of c.₦297.92 billion, up from yesterday’s position of c.₦269.25 billion. Thus, the Overnight Policy Rate (OPR) stayed stable at 7.00% while the Overnight…
FINANCIAL MARKETS TODAY –14 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦269.25 billion, compared to yesterday’s opening balance of ca ₦225.87 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended…
FINANCIAL MARKETS TODAY –13 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦225.87 billion (buoyed by OMO maturity of ₦35billion), compared to yesterday’s opening balance of ca ₦33.01 billion. Thus, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY –12 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity began the week with a credit balance of ca ₦33.01 billion, a decline from Friday’s balance of ca ₦101.68 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended higher…
FINANCIAL MARKETS TODAY – 9 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦101.68 billion, significantly higher than yesterday’s opening balance of ca ₦58.82 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended…
