FINANCIAL MARKETS TODAY – 30 July 2021
FIXED INCOME MARKET Money Markets System Liquidity remained buoyant, opening with a balance of ca ₦230.92 billion, higher than the previous day’s opening of ca ₦207.59 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 29 July 2021
FIXED INCOME MARKET Money Markets System Liquidity improved today, opening with a balance of ca ₦207.59 billion, higher than previous day’s opening of ca -₦26.14 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at…
FINANCIAL MARKETS TODAY – 28 July 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system slipped into a deficit to open at ca -₦26.14 billion, lower than the previous day’s opening balance of ca ₦9.08 billion. Consequently, Open Buy Back (OBB) trended higher to close at 16.00%…
FINANCIAL MARKETS TODAY – 27 July 2021
FIXED INCOME MARKET Money Markets System liquidity opened at ca ₦9.08 billion today, a slight improvement from yesterday’s deficit balance of ca -₦18.02 billion as the repayment of OMO maturities hit the system. However, Open Buy Back (OBB) and Overnight…
FINANCIAL MARKETS TODAY – 26 July 2021
FIXED INCOME MARKET Money Markets System liquidity opened the week in a deficit of ca -₦18.02 billion, significantly lower than Friday’s opening balance of ca ₦521.54 billion. Nevertheless, Open Buy Back (OBB) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 23 July 2021
close at 27.50% and 28.75% from 8.00% and 8.25% respectively, the previous day. This was due to the CRR and FX retail auction debits passed today by the CBN. Thus, system liquidity is expected to be lower than previous day’s opening of ca ₦29.12…
FINANCIAL MARKETS TODAY – 22 July 2021
System liquidity opened at ca ₦29.12 billion today, lower than the Monday’s opening of ca ₦62.88 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended lower to close at 8.00% and 8.25% from 11.00% and 11.50% respectively, the previous…
FINANCIAL MARKETS TODAY – 19 July 2021
System liquidity opened at ca ₦62.88 billion today, slightly higher than the Friday’s opening of ca ₦60.11 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended higher to close at 11.00% and 11.50% from 4.50% and 4.75% respectively, the…
FINANCIAL MARKETS TODAY-16 July 2021
Money Markets Liquidity in the banking system opened at ca ₦60.11 billion today, significantly lower than the previous day’s opening of ca ₦842.13 billion. However, Open Buy Back (OBB) and Overnight (ON) rates trended lower to close at 4.50% and 4.75%…
FINANCIAL MARKETS TODAY-15 July 2021
Money Markets System Liquidity opened with a balance of ca ₦824.13 billion today, higher than previous day’s opening of ca ₦207.27 billion, as inflows from bond maturities, coupon payments, NTB, and OMO maturities hit the system. As a result, Open Buy…
