FINANCIAL MARKETS TODAY –08 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 50.53% to c.₦269.51 billion from ₦544.82 billion recorded yesterday amid the recent round of CRR debit across commercial banks. Thus, the Open Repo Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY –07 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 20.65% to c.₦544.82 billion from ₦451.59 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 15bps and 60bps to 16.32% and…
FINANCIAL MARKETS TODAY –06 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 27.40% to c.₦451.59 billion from ₦354.46 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained unchanged at 16.17% and 16.69%,…
FINANCIAL MARKETS TODAY –02 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 77.33% to c.₦51.04 billion from ₦225.13 billion recorded yesterday. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 416ps and 347bps to 20.08% and 20.60%,…
FINANCIAL MARKETS TODAY –01 November 2023
FIXED INCOME MARKETS Money Market Opening System liquidity enhanced by over 500% to c.₦225.13 billion from ₦34.19 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 34bps and 67bps to 15.92% and…
FINANCIAL MARKETS TODAY –31 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity plunged by 96.45% to c.₦34.19 billion from ₦963.79 billion recorded yesterday, due to the CRR and OMO auction debits that took place yesterday. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS TODAY –30 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity opened at c.₦963.79 billion, rising by 13.50% from ₦849.18 billion recorded last Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 90bps and 119bps to 15.30% and…
FINANCIAL MARKETS TODAY –26 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity was boosted by FAAC and coupon credits, as it increased by 107.42% to c.₦528.51 billion from ₦254.80 billion recorded yesterday. Although, the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY –25 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity increased by 28.87% to c.₦254.80 billion from ₦197.73 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 50bps and 60bps to 3.50% and…
FINANCIAL MARKETS TODAY –24 October 2023
FIXED INCOME MARKETS Money Market Opening System liquidity declined by 17.22% to c.₦197.73 billion from ₦238.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) expanded by 114bps and 110bps to 3.00% and…
