FINANCIAL MARKETS WEEKLY – 18 August 2023
FIXED INCOME MARKETS Money Markets After which system liquidity opened at ₦215.74 billion this week, the bond auction settlement mopped up system liquidity to ₦33.55 billion. However, liquidity improved to…
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FIXED INCOME MARKETS Money Markets After which system liquidity opened at ₦215.74 billion this week, the bond auction settlement mopped up system liquidity to ₦33.55 billion. However, liquidity improved to…
FIXED INCOME MARKETS Money Markets System liquidity clinged at closed range bands for most part the week but declined by 39.36% this week. Nevertheless, the Open Repo Rate (OPR) and…
FIXED INCOME MARKETS Money Markets System liquidity declined this week, significantly tied to CBN’s debits across banks who failed to meet the 65% minimum Loan to Deposit Ratio requirement. For…
FIXED INCOME MARKETS Money Markets System liquidity was boosted by FAAC credit this week. System liquidity increased by more than 10.15x, from -₦74.69 billion recorded at close of last week…
FIXED INCOME MARKETS Money Markets System liquidity was drained by the FGN bond auction settlement this week. Opening system liquidity dipped by 116.96% to ₦74.69 billion short from ₦440.51 billion…
FIXED INCOME MARKETS Money Markets System liquidity declined by 46.15% to ₦440.52 billion from ₦818.00 billion recorded at close of last week. Consequently, the Open Repo Rate (OPR) and Overnight…
FIXED INCOME MARKETS Money Markets In the absence of any significant outflows, system liquidity remained positive this week. Liquidity declined by 28.85% to ₦818.00 billion from ₦1.15 trillion recorded at…
FIXED INCOME MARKETS Money Markets System liquidity remained firmly positive this week, with FAAC inflows bolstering liquidity by 87.44% to ₦1.15 trillion from ₦613.33 billion recorded last week. Consequently, the…
FIXED INCOME MARKETS Money Markets System liquidity stayed elevated this week, even as additional inflows propped up liquidity. To quantify, system liquidity increased by 292.18% from ₦156.39 billion last week…
FIXED INCOME MARKETS Money Markets Market liquidity sustained a positive balance over the week, amid the recent policy reforms by the new administration. To expatiate, the suspension of the CBN…