Browsing: Interbank rates
Interbank Rates Ease on Tight Banking System Liquidity A huge liquidity deficit in the financial system kept interbank rates elevated…
Interbank Rates Climb as Liquidity Deficit Expands Interbank rates climbed further in the money market, reflecting a tight liquidity level…
Interbank Rates Slow as Remita, FAAC Credits Boost Liquidity Interbank rates slowed down, trended around 27% in the money market,…
As liquidity conditions continued to be severely strained, money market rates rose and trended above 32% each.
Interbank rates spiked significantly in the money market as deposit money banks faced liquidity challenge ahead of Nigerian Treasury bills auction.
Interbank rates slide as financial system liquidity position improves amidst expectation
Interbank funding rates dropped to single digits today as funding pressures eased substantially, thanks to open market operations (OMO) maturities totaling N180.6 billion that hit the system.
Interbank rates to moderate as ₦181bn worth of TBills matures. Analysts have projected that interbank rates will as huge amount from maturing Treasury Bills is set to hit the financial system this week.