Browsing: Money Market

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…

Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory.  Due to a weak funding profile in the financial system, money market rates have remained elevated.

Money Market Rates Jump as Financial System Liquidity Falls Money market rates worsened as liquidity balance in the financial system…

Money market rates crossed 31% due to lingering liquidity in the financial system. Short-term benchmark interest rates have been under pressure due to