Category: Daily Market Report

System Liquidity System liquidity remains in deficit despite the coupon inflow of about ₦74.34 billion. Funding rates were mixed, with OPR rosing 8bps to 32.50%, while the O/N shed 8bps…

System Liquidity Despite a ₦90.59 billion bond coupon inflow, interbank liquidity remained tight. OPR rose 9bps to 32.42%, and O/N climbed 16bps to 32.83%. Treasury Bills Market activity was subdued…

System Liquidity Tight interbank liquidity persisted following CBN FX settlements and bank obligations. Rates stayed elevated with OPR and O/N rates climbing to 32.42% and 32.75%. Treasury Bills T-Bills traded…

System Liquidity Liquidity remained tight, keeping interbank rates elevated. The Overnight Policy Rate (OPR) edged up by 8bps to 32.25%, while the Overnight (O/N) rate dipped slightly by 9bps to…

System Liquidity Liquidity tightened as banks settled AMCON obligations, deepening the market’s debit position. Interbank rates remained elevated, with OPR rising by 67bps to 32.17% and O/N increasing by 50bps…

System Liquidity FPI inflows and NTB maturities eased tight liquidity from the ₦1.2tn OMO settlement. OPR dropped 25bps to 29.50%, O/N dipped 34bps to 30.08%, keeping rates within the 29–30%…

System Liquidity CBN’s ₦600bn OMO auction drew ₦2.17tn in bids, allotting ₦1.25tn. Liquidity tightened sharply, pushing OPR to 29.75% (+100bps) and O/N to 30.42% (+109bps). Treasury Bills Quiet trading followed…

System Liquidity Interbank liquidity tightened sharply, driving funding rates to 29–30%. The OPR jumped 200bps to 28.75%, while O/N rate rose 208bps to 29.33%. Treasury Bills Bullish momentum persisted with…

System Liquidity Liquidity tightened due to CRR debits, keeping funding rates elevated. OPR eased to 26.75% (-8bps) and O/N rate fell to 27.25% (-17bps). Treasury Bills Investor demand shifted to…

System Liquidity The interbank market was quiet with no significant funding movements. Liquidity remained stable, keeping the OPR and O/N rates unchanged at 26.50% and 27.00%, respectively. Treasury Bills Bullish…