Browsing: Rates

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…

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…