FINANCIAL MARKETS TODAY – 13 August 2021
FIXED INCOME MARKETS Money Markets System liquidity improved today, opening with a balance of ca ₦11.58 billion, better than the previous day’s opening of ca -₦40.34 billion. Nonetheless, the Open Buy Back (OBB) rate gained ca 8bps day-on-day to settle…
FINANCIAL MARKETS TODAY – 12 August 2021
FIXED INCOME MARKET Money Markets System liquidity eased slightly today, nevertheless, opening with a deficit of ca -₦40.34 billion today, better than the previous day’s opening of ca -₦117.48 billion. Despite the funding needs ensuing from the NTB…
FINANCIAL MARKETS TODAY – 11 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system slipped into a deficit to open at ca -₦117.48 billion, significantly lower than the previous day’s opening of ca ₦133.77 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 10 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system improved today (buoyed by OMO maturities of ₦80bn), opening with a balance of ca ₦133.77 billion, higher than the previous day’s opening of ca ₦26.27 billion. Thus, the Open Buy Back (OBB)…
FINANCIAL MARKETS TODAY – 09 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system opened the first trading day of the week, with a balance of ca ₦26.27 billion, lower than Friday’s opening of ca ₦364.78 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 06 August 2021
System Liquidity improved today, opening with a balance of ca ₦364.78 billion, higher than the previous day’s opening of ca ₦107.27 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 20.00% and 20.50% from 5.25% and…
FINANCIAL MARKETS TODAY – 05 August 2021
System Liquidity eased slightly today, opening with a balance of ca ₦107.27 billion, lower than the previous day’s opening of ca ₦155.00 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.25% and 5.50% from 8.50% and…
FINANCIAL MARKETS TODAY – 04 August 2021
System Liquidity improved slightly today, opening with a balance of ca ₦155.00 billion, higher than the previous day’s opening of ca ₦138.55 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 8.50% and 9.00% from 7.50%…
FINANCIAL MARKETS TODAY – 03 August 2021
System Liquidity eased today, opening with a balance of ca ₦138.55 billion, lower than the previous day’s opening of ca ₦285.44 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 7.50% and 8.00% from 5.25% and…
FINANCIAL MARKETS TODAY – 02 August 2021
with a balance of ca ₦285.44 billion, higher than the Friday’s opening of ca ₦230.92 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.25% and 5.75% from 7.50% and 7.75% respectively, the previous day.