Browsing: Rates
Repo and overnight lending rates diverged as banks’ deposits at the Central Bank’s Standing Deposit Facility fell following the midweek Treasury bills auction.
Money market rates declined moderately, driven by an excess of liquidity in the financial system following a cut in Nigeria’s monetary policy rate (MPR).
The Central Bank of Nigeria (CBN) has again increased the spot rates on Nigerian Treasury bills with 91 and 182 days maturities at the main auction
Interbank Rates Mixed as Banks’ Placements at SDF Reduce Money market rates swung in a different direction as liquidity level…
Short-term Rates Diverge as Banks’ Placement at SDF Falls by 24% The short-term interest rates diverged in the money market…
Interbank Rates Mixed as Banks Boost SDF Placements Interbank rates closed on a mixed note as liquidity in the financial…
Short-Term Rates Diverge as OMO Inflows Flood Money Market The short-term benchmark interest rates closed the trading session on a…
Rates Diverge as Excess Liquidity Thins Out on CBN Actions Rates mixed as the Central Bank of Nigeria (CBN) open…
Money Market Rates Stable, Financial System Liquidity Tempers Money market funding costs were steadied due to rounds of outflow for…
Bonds Yield Falls by 24bps, Market Reacts to Spot Rates Cut The Federal Government of Nigeria (FGN) bonds yield fell…