Browsing: Rates

Short-term Benchmark Interest Rates Dip as Liquidity Rises The short term benchmark interest rates declined sharply as the level of…

Interbank rates soared in the money market on the back of an extended liquidity deficit pattern in the banking sector. The short-term benchmark interest rates settled at double digits high due to a liquidity shortfall in the money market last week.

Liquidity Deficit in Banking System Keeps Interbank Rates Elevated The liquidity deficit in the banking system kept the short-term benchmark…

Money Market Rates Ease, Liquidity Deficit Expands Money market rates eased despite tight liquidity in the financial system. The short-term…

Interbank rates eased in the money market following a moderate inflow and signature bonus that boosted the balance in the financial system at the beginning of the week. The market also received N9.52 billion in FGN coupon payments.

Interbank Rates Fall as Inflows Keep Liquidity Strong In the money market, interbank rates fell further on Wednesday as inflows…

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…

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.…