Category: Weekly Market Report

Money Markets This week, the liquidity crunch in the financial market continued despite coupon inflows, significant remita inflows, and other large inflows aimed at offsetting foreign exchange settlements and remita…

Money Markets This week, system liquidity ended in a deficit due to various factors, such as CBN FX interventions, net CRR debits, CBN SWAP rollovers, and OMO auction settlements. The…

Money Markets System liquidity started with a credit balance of around ₦709 billion but dropped by over ₦1.4 trillion. This decrease was caused by various factors including CBN’s FX intervention…

Money Markets System liquidity improved significantly this week, mainly due to inflows from FAAC, FGN bond coupons, and the maturity of FGN Sukuk 2024. The major highlight for the week…

Money Markets System liquidity improved this week compared to the previous week, supported by OMO maturities and FGN bond coupon inflows. However, it remained negative, with most Deposit Money Banks…

FIXED INCOME MARKETS Money Markets System liquidity remained negative throughout the week, with most deposit money banks (DMBs) experiencing increasing exposure to the SLF window. As a result, the Open…

FIXED INCOME MARKETS Money Markets System liquidity started the week positive but decreased during the week, following the OMO auction settlement worth ₦459.60 billion. As a result, the Open Repo…

FIXED INCOME MARKETS Money Markets Despite the two consecutive OMO auctions with a total auction debit of ₦1.63 trillion, system liquidity maintained a significantly positive balance. As a result, the…

FIXED INCOME MARKETS Money Markets Despite the outflows from NTB and FGN local bond auction settlements, FAAC credits and bond coupon led system liquidity to close the week with a…

FIXED INCOME MARKETS Money Markets During the early part of the week, system liquidity was positive. As the week progressed, liquidity improved and resulted in a surplus balance from the…