FINANCIAL MARKETS TODAY – 24 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened in a deficit ca -₦211.01 billion, significantly lower than the previous day’s balance of ca -₦0.27 billion due to the funding needs on the back of the Bond auction settlement. Thus, the…
FINANCIAL MARKETS TODAY – 23 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, albeit still in a deficit at ca ₦0.27 billion against a negative balance of ca ₦77.99 billion yesterday. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 22 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped further into a deficit to open at ca – ₦77.99 billion, lower than the previous day’s opening of ca – ₦60.25 billion. Consequently, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 21 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity waned today, opening with a deficit balance of ca -₦60.25 billion which is lower than the previous day’s opening balance of ca ₦35.67 billion. Thus, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 20 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity opened the first day of the week, with a balance of ca ₦35.67 billion lower than Friday’s opening of ca ₦316.19 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 17 September 2021
The Monetary Policy Committee (MPC) concluded its 2-day meeting today, retaining all key policy rates - The Monetary Policy Rate (MPR), Cash Reserve Ratio (CRR) and Liquidity ratio at 11.50%, 27.50% and 30.00% respectively, while maintaining an…
FINANCIAL MARKETS TODAY – 16 September 2021
Interbank system liquidity opened with a deficit of ca ₦102.18 billion today, worse than previous day’s opening balance of ca ₦64.56billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 7.00% and 7.75% from 13.00% and…
Re: FINANCIAL MARKETS TODAY – 15 September 2021
The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s fifth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures inflation settling at 17.01% year-on-year in August 2021 vs 17.38% recorded…
FINANCIAL MARKETS TODAY – 14 September 2021
Banking system liquidity opened with a deficit of ca ₦94.47 billion today, lower than previous day’s opening deficit of ca ₦15.07 billion, despite inflows from Open Market Operations (OMO) maturities of ca ₦38.00 billion. However, the Open Buy Back (OBB)…
FINANCIAL MARKETS TODAY – 13 September 2021
today, lower than Friday’s opening of ca ₦7.44 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 14.50% and 14.75% from 14.00% and 14.50% respectively, the previous day.
