Category: Weekly Market Report

System Liquidity Interbank liquidity remained robust despite ₦756.74 bn OMO settlement, ₦310.35 bn net NTB settlment and FX debits; ₦239.15 bn OMO maturities supported funding. OPR held at 26.50%; O/N…

System Liquidity Interbank liquidity stayed robust, opening at ₦1.365 trn and closing at ₦1.248 trn, buoyed by ₦259 bn bond coupons and CBN inflows, offsetting ₦804.85 bn OMO auctions. OPR…

System Liquidity System liquidity improved significantly to ₦1.785 trillion, driven by inflows from FAAC, FX swaps, and bond coupons, keeping money market rates stable near 26.5% despite large NTB and…

Money Markets The interbank market faced significant liquidity fluctuations during the week. Opening with a credit balance of ₦262.61 billion, liquidity declined by ₦365.62 billion to end in a ₦103.02…

Money Markets The interbank market opened the week with a robust liquidity surplus of ₦906.85 billion, supporting stable short-term rates. However, liquidity declined significantly by ₦603.81 billion to close at…

Money Markets The interbank market sustained robust liquidity throughout the week, largely driven by ₦651 billion in OMO maturities, which helped keep short-term rates stable despite CBN’s CRR debits. Early…

Money Markets The interbank market experienced notable liquidity fluctuations throughout the week. Early on, liquidity remained negative despite FAAC inflows, FGN bond maturities (₦562bn), and coupon payments (₦38bn), keeping the…

Money Markets Interbank liquidity remained tight throughout the week, despite periodic inflows from FGN bond coupon payments. The market stayed in negative territory, keeping funding rates elevated. The week began…

Money Markets Interbank liquidity remained in negative territory throughout the week, driven by CRR debits and subsequent liquidity constraints. Despite inflows for oil-producing states, market illiquidity persisted, keeping interbank rates…

Money Markets Interbank liquidity remained positive throughout the week, supported by OMO maturities and FAAC inflows. As a result, interbank rates initially declined, with the Overnight Policy Rate (OPR) and…