Browsing: Rates

Interbank Rates Dip as FAAC Credit Boosts Liquidity The financial system closed with a liquidity deficit, which kept the short-term…

Liquidity Deficit Keeps Money Market Rates Elevated Money market rates remained elevated due to liquidity pressures in the financial system.…

Money Market Rates Diverge as Liquidity Deficit Widens Interbank rates mixed in the money market as the liquidity deficit extended…

Interbank Rates Slide as Financial System Deficit Eased Interbank rates declined slightly to reflect moderate liquidity improvement in the financial…

As liquidity conditions continued to be severely strained, money market rates rose and trended above 32% each. 

The short-term benchmark interest rates have continued to rise as the financial system’s liquidity balance collapsed due to an outflow associated with Treasury bill payments.

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.

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.

CBN Raises N2.07 Trillion via Treasury, OMO Bills Auctions The Central Bank of Nigeria (CBN) raised more than N2.07 trillion…