Browsing: Money Market
Yield Nears 26% as Selloffs Hit T-Bills Market after Rate Cut The average yield near 26% as investors in the…
Interbank Rates Shrink as Additional Inflow Boosts Liquidity The short-term benchmark interest rates declined further on the back of sufficient…
Interbank Rates Dip as FAAC, Remita Inflows Boost Liquidity In the money market, the short-term benchmark interest rates dipped significantly…
Liquidity Deficit Keeps Money Market Rates Elevated Money market rates remained elevated due to liquidity pressures in the financial system.…
As liquidity conditions continued to be severely strained, money market rates rose and trended above 32% each.
Liquidity: Interbank Rates Rise Sharply on FX, Bond Auction Debits Reversing its downward trend, interbank rates rose sharply over liquidity…
Money market rates diverged on the back of movement in liquidity balance in the financial system. The short-term benchmark interest rates mixed after inflows from matured OMO bills and swap inflows lifted the liquidity balance.
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…