FINANCIAL MARKETS TODAY – 26 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today (buoyed by OMO maturities and coupon payments worth ca ₦91.00 billion and ₦115.00 billion), opening with a credit balance of ca ₦0.78 billion higher than…
FINANCIAL MARKETS TODAY – 25 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slightly improved today, albeit still in a deficit at ca ₦243.37 billion, lower than Friday’s negative balance of ca ₦281.85 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) trended…
FINANCIAL MARKETS TODAY – 22 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦281.85 billion, significantly lower than yesterday’s balance of ca ₦67.51 billion. This was due to the settlement of the bond auction,…
FINANCIAL MARKETS TODAY – 21 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦67.51 billion, a slight improvement from yesterday’s deficit balance of ca -₦77.17 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 20 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦77.17 billion, lower than the Monday’s opening balance of ca ₦55.56 billion. However, with no significant funding needs and additional…
FINANCIAL MARKETS TODAY – 18 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦55.56 billion, lower than the Friday’s opening balance of ca ₦118.91 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 15 October 2021
The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s sixth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures inflation settling at 16.63% year-on-year in September 2021 vs 17.01%…
FINANCIAL MARKETS TODAY – 14 October 2021
Interbank system liquidity opened with a balance of ca ₦5.59 billion, lower than the previous day’s opening balance of ca ₦75.14 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 11.00% and 11.25% from 7.50% and…
FINANCIAL MARKETS TODAY – 13 October 2021
Interbank system liquidity opened with a balance of ca ₦75.14 billion, lower than the previous day’s opening balance of ca ₦190.61 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 7.50% and 8.00% from 5.00% and…
FINANCIAL MARKETS TODAY – 12 October 2021
Interbank system liquidity opened with a balance of ca ₦190.61 billion, higher than previous day’s opening balance of ca ₦91.98 billion as inflows of ca ₦110.00 billion from Open Market Operations (OMO) maturities impacted the system. Thus, the Open Buy…
