FINANCIAL MARKETS TODAY – 06 October 2021

FIXED INCOME MARKET Money Markets   Interbank system liquidity opened with a credit balance of ca ₦101.54 billion, higher than yesterday’s opening balance of ca ₦80.66 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 7.50% and 7.75% from 6.17% and 6.83% respectively, the previous day. Treasury Bills The… Continue reading FINANCIAL MARKETS TODAY – 06 October 2021

FINANCIAL MARKETS TODAY – 05 October 2021

FIXED INCOME MARKET Money Markets   Interbank system liquidity opened with a balance of ca ₦80.66 billion, lower than yesterday’s opening balance of ca ₦124.28 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates declined to settle at 6.17% and 6.83% from 8.00% and 8.75% respectively, the previous day. Treasury Bills The NTB secondary… Continue reading FINANCIAL MARKETS TODAY – 05 October 2021

FINANCIAL MARKETS TODAY – 04 October 2021

FIXED INCOME MARKET Money Markets   Interbank system liquidity opened with a credit balance of ca ₦124.28 billion, significantly lower than Thursday’s opening balance of ca ₦437.69 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates reduced by 7% apiece to settle at 8.00% and 8.75% from 15.00% and 15.75% respectively, on Thursday. Treasury… Continue reading FINANCIAL MARKETS TODAY – 04 October 2021

FINANCIAL MARKETS TODAY – 30 September 2021

Money Markets

Interbank System liquidity improved significantly today, opening with a balance of ca ₦437.69, better than previous day’s opening deficit of ca -₦105.10 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 15.00% and 15.75% from 9.50% and 10.75% respectively, the previous day.

FINANCIAL MARKETS TODAY – 29 September 2021

Money Markets

System liquidity declined today, opening in a deficit of ca ₦105.10 billion, lower than previous day’s opening balance of ca ₦39.15 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 9.50% and 10.75% from 13.00% and 13.75% respectively, the previous day.

FINANCIAL MARKETS TODAY – 28 September 2021

System liquidity improved today, opening with a balance of ca ₦39.15 billion, higher than previous day’s opening deficit of ca ₦72.26 billion, as inflows of ca ₦102 billion impacted the system from Open Market Operations (OMO) maturities. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 13.00% and 13.75% from 15.33% and 16.00% respectively, the previous day.

FINANCIAL MARKETS TODAY – 27 September 2021

Interbank system liquidity opened in a deficit ca ₦72.26 billion, better than Friday’s opening deficit of ca ₦211.01 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 15.33% and 16.00% from 16.00% and 17.25% respectively, the previous day.

FINANCIAL MARKETS TODAY – 24 September 2021

FIXED INCOME MARKET Money Markets Interbank system liquidity opened in a deficit ca -₦211.01 billion, significantly lower than the previous day’s balance of ca -₦0.27 billion due to the funding needs on the back of the Bond auction settlement. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 16.00%… Continue reading FINANCIAL MARKETS TODAY – 24 September 2021

FINANCIAL MARKETS TODAY – 23 September 2021

FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, albeit still in a deficit at ca ₦0.27 billion against a negative balance of ca ₦77.99 billion yesterday. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 15.00% and 16.00% from 17.00% and 18.00% respectively, the previous day. Treasury… Continue reading FINANCIAL MARKETS TODAY – 23 September 2021

FINANCIAL MARKETS TODAY – 22 September 2021

FIXED INCOME MARKET Money Markets Interbank system liquidity slipped further into a deficit to open at ca – ₦77.99 billion, lower than the previous day’s opening of ca – ₦60.25 billion. Consequently, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 17.00% and 18.00% from 15.50% and 16.25% respectively, the… Continue reading FINANCIAL MARKETS TODAY – 22 September 2021