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Browsing: Money Market
The average yield on Nigerian Treasury bills dipped slightly in the secondary market due to increased demand for naira assets, restricted by tight liquidity which capped trading actions.
Interbank rates dipped as liquidity pressure in the money markets eased at the beginning of the new week following inflows from Remita, and cash reserve maintenance credits.
Money Market Rates Mixed as Banking System Deficit Reduces Money market rates diverged as deficit liquidity balance in the financial…
Money market rates rose sharply due to a strained liquidity level after a huge OMO auction debit against the balance in the financial system. The Nigerian interbank offered rate (NIBOR) rose across all maturities, indicating tight liquidity in the banking system
Interbank Rates Dip as Remita, Signature Bonus Boost Liquidity Interbank rates were kept in check as signature bonuses, a non-refundable…
The money market rates dip as liquidity level in the financial system improved on Monday ahead of bond auction debits. The absence of significant inflows
Money market rates slide, albeit, marginally, due to relative improvement in the financial system liquidity. The interbank rates remained elevated though
Money market rates fell slightly as liquidity level in the financial system improved. The latest declined in short-term benchmark interest rates reversed
Interbank Rates Diverge as Market Struggles with Liquidity Interbank rates diverged in the money market as a weak funding profile…
Interbank Rates Rise as Banks Borrow to Close Funding Gap The short-term interest rates climbed further in the money market…
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