FINANCIAL MARKETS WEEKLY – 03 November 2023
FIXED INCOME MARKETS Money Markets System liquidity was impacted by CRR debit and OMO auction funding this week. Accordingly, liquidity declined by 58.26% from ₦894.18 billion to ₦354.46 billion this…
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FIXED INCOME MARKETS Money Markets System liquidity was impacted by CRR debit and OMO auction funding this week. Accordingly, liquidity declined by 58.26% from ₦894.18 billion to ₦354.46 billion this…
FIXED INCOME MARKETS Money Markets System liquidity improved this week, due to bond coupon inflows and FAAC credits. Contextually, liquidity increased by 244.49% from ₦246.50 billion to ₦849.18 billion this…
FIXED INCOME MARKETS Money Market Opening system liquidity significantly increased today from ₦405.20 billion last week Friday to ₦823.07 billion today. Unsurprisingly, the Open Repo Rate (OPR) and the Overnight…
FIXED INCOME MARKETS Money Market Opening system liquidity weakened further by c. 26.28% from ₦47.72 billion yesterday to ₦35.18 billion today. Thus, the Open Repo Rate (OPR) soared by 500bps…
FIXED INCOME MARKETS Money Market Opening system liquidity fell by c. 27.31% from ₦65.64 billion on Friday to ₦47.72 billion today. In response, the Open Repo Rate (OPR) widened by…
FIXED INCOME MARKETS Money Market Opening system liquidity fell by 21.56% from yesterday’s balance but stayed positive. For context, system liquidity opened at ₦181.17 billion long, from ₦230.96 billion long…
FIXED INCOME MARKETS Money Market Today, there was a surge in system liquidity, boasting a noteworthy ₦230.96 billion surplus, a stark contrast to the ₦41.43 billion deficit observed just yesterday.…
FIXED INCOME MARKETS Money Market System liquidity opened the trading session on a negative footing at c.-₦41.43 billion, in contrast to the ₦110.77 billion registered yesterday. The Open Repo Rate…
FIXED INCOME MARKETS Money Market As a result of the coupon inflows observed today, the overall system liquidity opened the trading session on a favourable footing, amounting to c.₦110.77 billion…
FIXED INCOME MARKETS Money Market System liquidity opened on a negative note today, at ₦344.34 billion short, compared with ₦450.31 billion short, recorded yesterday. Nonetheless, the Open Repo Rate (OPR)…