Browsing: Rates

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…

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 Crash over Banks Excess Liquidity Interbank rates plunged significantly as pressure on the money market continued to ease…

Money Market Rates Climb over Negative Liquidity Balance Money market rates climbed on the back of a deficit liquidity balance…

Interbank rates heated up due to sustained weakness in the liquidity balance in the financial markets.

Interbank Rates Diverge as Market Struggles with Liquidity Interbank rates diverged in the money market as a weak funding profile…

The pressure in the money market worsened in the absence of significant inflows from maturing instruments

Money market rates diverge on the back of a significant decline in liquidity balance in the financial system following Central Bank of Nigeria (CBN) monetary policy action.