FINANCIAL MARKETS TODAY – 04 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦19.59 billion short, lower than yesterday’s opening balance of ca ₦56.50 billion. Thus, the Overnight Policy Rate (OPR) printed higher at 14.67% from 14.50% the previous day, while…
FINANCIAL MARKETS TODAY – 03 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined further today, opening with a balance of ₦56.50 billion, lower than the previous day’s opening balance of ca ₦103.27 billion. Thus, the Overnight Policy Rate (OPR) printed higher at…
FINANCIAL MARKETS TODAY – 02 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined today, opening with a balance of ₦103.27 billion, lower than the previous day’s opening balance of ca ₦247.13 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate…
FINANCIAL MARKETS TODAY – 01 August 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened at ca ₦247.13 billion today, significantly higher than Friday’s opening of a ca ₦89.99 billion deficit, due to late FAAC inflows. Thus, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 29 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.-₦89.99 billion negative, higher than yesterday’s opening of c.-₦413.40 billion. Thus, the Overnight Policy Rate (OPR) printed lower at 14.75% from 15.00% the previous day, while the…
FINANCIAL MARKETS TODAY – 28 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tightened further with an opening balance of ca ₦413.40 billion short. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (ON) stayed elevated at 15.00%. Treasury Bills The Treasury…
FINANCIAL MARKETS TODAY – 27 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca – ₦163.62 billion, significantly lower than yesterday’s balance of ca -₦25.36 billion. The Overnight Policy Rate (OPR) and the Overnight Rate (ON) closed at 14.75% and 15.00%,…
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…