FINANCIAL MARKETS WEEKLY – 05 January 2024
FIXED INCOME MARKETS Money Markets System liquidity maintained a positive level all through the week and recorded +361.65% increase from ₦186.90 billion last week to ₦862.82 billion. As a result, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –04 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.18% to ₦132.79 billion compared to ₦237.90 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 175bps and 167bps to 13.71%, and 14.33%,…
FINANCIAL MARKETS TODAY –03 January 2024
FIXED INCOME MARKETS Money Market System liquidity declined by 44.36% to ₦237.90 billion compared to ₦427.54 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 13bps and 5bps to 15.46%, and…
FINANCIAL MARKETS TODAY –02 January 2024
FIXED INCOME MARKETS Money Market System liquidity surged by 128.75% to ₦427.54 billion compared to ₦186.90 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 27bps and 48bps to 15.33%, and…
FINANCIAL MARKETS WEEKLY – 29 December 2023
FIXED INCOME MARKETS Money Markets System liquidity stayed positive all through the week, although, liquidity declined by 69.46% from ₦611.98 billion last week to ₦186.90 billion. As a result, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –28 December 2023
FIXED INCOME MARKETS Money Market System liquidity slipped by 44.68% to ₦338.53 billion compared to ₦611.98 billion recorded last week Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 89bps and 106bps to 15.75%,…
FINANCIAL MARKETS TODAY –27 December 2023
FIXED INCOME MARKETS Money Market System liquidity slipped by 44.68% to ₦338.53 billion compared to ₦611.98 billion recorded last week Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 89bps and 106bps to 15.75%,…
FINANCIAL MARKETS WEEKLY – 22 December 2023
FIXED INCOME MARKETS Money Markets The NTB and FGN bond auction debits during the week dampened system liquidity by c.-224.40% from ₦76.83 billion to -₦95.58 billion week-on-week. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –21 December 2023
FIXED INCOME MARKETS Money Market System liquidity opened much higher at ₦584.37 billion compared to ₦315.72 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 118bps and 150bps to 14.90%, and 15.60%,…
FINANCIAL MARKETS TODAY –20 December 2023
FIXED INCOME MARKETS Money Market System liquidity opened higher at ₦315.72 billion compared to -₦37.42 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 532bps and 550bps to 16.08%, and 17.10%,…