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…
FINANCIAL MARKETS TODAY – 27 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system eased slightly today, opening with a balance of ca ₦137.27 billion, lower than the previous day’s opening of ca ₦258.10 billion. Nevertheless, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 26 August 2021
FIXED INCOME MARKET Money Markets Banking system liquidity improved today, opening with a balance of ca ₦258.10 billion, better than the previous day’s opening of ca – ₦80.92 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 25 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system slipped into a deficit to open at ca – ₦80.92 billion today, lower than yesterday’s opening balance of ca ₦113.41 billion. However, with no significant funding activity, the Open Buy…