FINANCIAL MARKETS TODAY – 06 May 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity significantly improved today, increasing to ₦296.33 billion from ₦19.61 billion recorded last week Friday. Overall, the Open Repo Rate (OPR) increased by 113bps to 27.38%, while the Overnight…
FINANCIAL MARKETS WEEKLY – 03 MAY 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity consistently increased this week to open at a positive balance of ₦19.61 billion today, from -₦606.76 billion reported last week Friday. Overall, the Open Repo Rate (OPR) declined by 400bps to 26.25%,…
FINANCIAL MARKETS TODAY – 02 May 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved significantly today, opening at -₦74.33 billion compared to -₦403.58 billion reported on Tuesday. Consequently, the Open Repo Rate (OPR) declined by 258 bps to 27.63%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 30 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening System liquidity stayed negative at -₦403.58 billion compared to -₦549.24 reported yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 88 bps to 30.21%, while the Overnight Rate (O/N) increased by 33…
FINANCIAL MARKETS TODAY – 29 April 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity started the week with a deficit balance of -₦549.24 billion compared to yesterday’s -₦606.76. As a result, the Open Repo Rate (OPR) shrank by 92 bps to 29.33%, and the Overnight Rate (O/N)…
FINANCIAL MARKETS WEEKLY – 26 APRIL 2024
FIXED INCOME MARKETS MONEY MARKETS Throughout the week, the overall liquidity in the system remained deficient due to an overallocation of treasury bills at the primary market. Notwithstanding, the liquidity balance received a slight boost towards the…
FINANCIAL MARKETS TODAY – 25 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity relatively improved today to -₦389.00 billion from -₦909.89 reported yesterday. Consequently, the Open Repo Rate (OPR) contracted by 227bps to 27.08%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 24 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity declined slightly to -₦909.89 billion from -₦885.92 billion seen yesterday. Nonetheless, the Open Repo Rate (OPR) fell by 61bps to 29.35%, while the Overnight Rate (O/N) increased by 58bps…
FINANCIAL MARKETS TODAY – 23 April 2024
FIXED INCOME MARKETS MONEY MARKETS The opening system liquidity showed a relative improvement, moving from a deficit of ₦1,010.82 billion to a deficit of ₦885.92 billion. In terms of rates, the Open Repo Rate (OPR) saw a 7 bps increase, reaching 29.96%,…
FINANCIAL MARKETS TODAY – 22 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity plunged further into the negative region at -₦1,010.82 billion, from -₦903.91 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased by 50…
