FINANCIAL MARKETS TODAY – 26 July 2022
FIXED INCOME MARKET Money Markets In the absence of official figures, opening system liquidity was estimated at c.N40bn short. Thus, the Overnight Policy Rate (OPR) printed higher at 15.00% from 14.83% the previous day, while the Overnight Rate (ON) held…
FINANCIAL MARKETS TODAY – 25 July 2022
FIXED INCOME MARKET Money Markets System liquidity opened ca ₦25.36 billion short, with the Overnight Policy Rate (OPR) and Overnight Rate (ON) staying unchanged at 14.83% and 15.00%, respectively. Treasury Bills The NTB secondary market was relatively…
FINANCIAL MARKETS TODAY – 22 July 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight Rate (ON) stayed elevated at 14.83% and 15.00% respectively, amid today’s Retail FX auction, with interbank system liquidity opening ca ₦63.22 billion short. Treasury Bills…
FINANCIAL MARKETS TODAY – 21 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦188.63 billion short, slightly better than previous day’s opening negative balance of ca ₦282.46 billion. Thus, the Overnight Policy Rate (OPR) trended lower to 14.75% from 14.83%,…
FINANCIAL MARKETS TODAY – 20 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tightened today, opening with a deficit balance of – ₦282.46 billion, lower than the previous day’s opening of ca ₦25.04 billion due to the FGN bond auction settlement that took place…
FINANCIAL MARKETS TODAY – 19 July 2022
FIXED INCOME MARKET Money Markets System liquidity opened ca ₦25.04 billion long, significantly higher than the previous day’s opening balance of ca ₦1.69 billion short. Nonetheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) trended higher…
FINANCIAL MARKETS TODAY – 18 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained in the negative territory, with an opening balance of ca -₦169.46 billion, slightly better than Friday’s opening balance of ca -₦276.90 billion. Nonetheless, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 15 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦276.90 billion short, significantly lower than yesterday’s opening balance of ca ₦19.28 billion. However, the Overnight Policy Rate (OPR) decreased by 5bps to settle at 13.83%, while…
FINANCIAL MARKETS TODAY – 14 July 2022
FIXED INCOME MARKET Money Markets In the absence of official liquidity figures, Interbank system liquidity was estimated at c. ₦18bn long, after factoring the NTB auction settlement that took place today. The Overnight Policy Rate (OPR) increased by 5bps…
FINANCIAL MARKETS TODAY – 13 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly with an opening balance of ₦18.45 billion, higher than Friday’s deficit balance of ca -₦158.78 billion. However, the Overnight Policy Rate (OPR) and the Overnight Rate…
