FINANCIAL MARKETS WEEKLY – 30 June 2023
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 Open Repo Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS WEEKLY – 23 June 2023
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 to ₦613.33 billion today. Consequently, the…
FINANCIAL MARKETS WEEKLY – 16 June 2023
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 Governor, Mr Godwin Emefiele also signalled a momentary…
FINANCIAL MARKETS WEEKLY – 09 June 2023
FIXED INCOME MARKETS Money Markets System liquidity amplified by 134.17% week-on-week from ₦230.13 billion at close of last week to settle at ₦538.90 billion today. This was catalyzed by inflows from Swap maturities during the week. However, the Open…
FINANCIAL MARKETS WEEKLY – 02 June 2023
FIXED INCOME MARKETS Money Markets Due to the absence of significant flows, opening system liquidity swung at close-range levels this week, as we recorded only 17bps decline to ₦230.13 billion, week-on-week. The Open Repo Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS WEEKLY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased this week following the influx of FAAC monthly disbursement at the early part of the week. For context, system liquidity increased by 18.14% to ₦278.44 billion, week-on-week.…
FINANCIAL MARKETS WEEKLY –19 May 2023
FIXED INCOME MARKETS Money Markets At the start of the week, system liquidity opened at c.₦69.83billion long. Subsequently, the bond auction settlement significantly mopped off market liquidity. Thus, Liquidity fell by 0.98% to c.₦14.55billion long as of…
