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…
FINANCIAL MARKETS TODAY – 08 July 2022
FIXED INCOME MARKET Money Markets System liquidity eased slightly today, albeit still opening in a deficit of ca -₦158.78 billion, compared to previous day’s opening balance of ca -₦220.75 billion. Consequently, the Overnight Policy Rate (OPR) trended…
FINANCIAL MARKETS TODAY – 07 July 2022
FIXED INCOME MARKET Money Markets Liquidity in the Interbank market lingered in the negative region, with today’s opening balance at ca -₦220.75 billion, lower than yesterday’s balance of – ₦207.34 billion. Overall, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 06 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped further into the deficit zone, with an opening balance of ca – ₦207.34 billion, significantly lower than yesterday’s balance of ca -₦52.07 billion. Nonetheless, the Overnight…