FINANCIAL MARKETS TODAY – 10 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity opened at ca ₦7.44 billion today, a slight improvement from yesterday’s deficit balance of ca -₦13.78 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle…
FINANCIAL MARKETS TODAY – 09 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity improved slightly today, opening with a deficit of ca -₦13.78 billion today, better than the previous day’s opening of ca -₦92.05 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 08 September 2021
FIXED INCOME MARKET Money Markets System liquidity is expected to be relatively stable at c.N200bn, despite the Open Buy Back (OBB) and Overnight (ON) rates trending higher to settle at 8.83% and 9.33% from 7.00% and 7.25% respectively, the previous…
FINANCIAL MARKETS TODAY – 07 September 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system improved today (buoyed by OMO maturities of ₦50bn), opening with a balance of ca ₦212.74 billion, higher than the previous day’s opening of ca ₦169.91 billion. Thus, the Open Buy Back…
FINANCIAL MARKETS TODAY – 06 September 2021
FIXED INCOME MARKET Money Markets System Liquidity opened the first trading day of the week with a balance of ca ₦169.91 billion, lower than the Friday’s opening of ca ₦393.10 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 03 September 2021
₦393.10 billion, lower than previous day’s opening of ca ₦431.83 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 13.00% and 13.50% from 4.33% and 4.83% respectively the previous day, as most banks had to fund for the…
FINANCIAL MARKETS TODAY – 02 September 2021
FIXED INCOME MARKET Money Markets System liquidity reduced marginally today, opening with a balance of ca ₦431.83 billion, lower than previous day’s opening of ca ₦432.62 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 01 September 2021
System liquidity improved today, opening with a balance of ca ₦432.62 billion, higher than previous day’s opening of ca ₦237.91 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 4.50% and 5.00% from 6.00% and…
FINANCIAL MARKETS TODAY – 31 August 2021
System liquidity opened with a balance of ca ₦237.92 billion, as OMO maturities of ₦57.00 billion impacted the system. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 6.00% and 6.50% from 6.50% and 7.17%…
FINANCIAL MARKETS TODAY – 30 August 2021
Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 6.50% and 7.17% from 8.33% and 8.50% respectively on Friday, suggesting higher liquidity levels in the system today. The Central Bank of Nigeria (CBN) today, rolled over maturing…
