Browsing: Interbank rates

Interbank rates remained steady despite a slight moderation in the banking system’s liquidity balance, reflecting the absence of significant pressure in the money market.

The money market has been flooded with a significant surge in liquidity amidst the latest open market operation auction, where the Central Bank auctioned OMO bills worth N600 billion for subscription. 

Interbank Rates Diverge as Financial System Liquidity Declines Interbank rates diverge as financial system liquidity reduced week on week to…

Interbank funding rates diverge amid surplus liquidity in the financial system, reflecting the absence of significant pressure in the money market.

The financial system was flush with cash, strong enough to keep money market rates stable, supported by FAAC

Banks’ activities at the Standing Deposit Facility (SDF) of the Central Bank of Nigeria (CBN) increased 60% to N4.15 trillion, according to market reports obtained by MarketForces Africa.

Interbank Rates Mixed as Excess Liquidity Expands to N3.8trn The money market remains solid in terms of liquidity, which kept…

Money Market Rates Ease as Financial System Liquidity Climbs Money market rates eased as excess liquidity in the banking system…

Interbank Rates Surge as CBN Moves to Tighten Liquidity Interbank rates inched higher as the Central Bank of Nigeria (CBN)…

Interbank Rates Mixed as Liquidity Surplus Reduced With a slide in liquidity surplus, interbank rates moved in divergent directions in…