System Liquidity System liquidity opened with a ₦2.47 trillion surplus, an improvement of ₦221.46 billion driven by increased DMB placements at the CBN SDF window to ₦2.65 trillion. Despite a ₦283.74 billion liquidity outflow from NTB maturities and settlement, average funding cost edged slightly lower to 22.65%, with OPR at 22.50% and OVN at 22.80%. […]

System Liquidity Banking system liquidity remained strong, opening with a ₦2.25 trillion surplus driven by increased placements at the CBN’s SDF window. This excess liquidity pushed funding rates lower, though rates are expected to edge up slightly due to upcoming NTB maturities outweighing new issuances. Treasury Bills The NTB secondary market traded quietly as investors […]

System Liquidity System liquidity opened with a surplus of ₦2.24 trillion, boosted mainly by a ₦1.03 trillion OMO maturity and increased placements at the CBN’s SDF window, though partially offset by SLF borrowings. Average funding costs rose slightly to 22.90%, with the OPR stable at 22.60% and the OVN rate increasing to 23.20%. Treasury Bills […]

System Liquidity System liquidity opened with a surplus of ₦596.46 billion after recovering from a previous deficit. The improvement was driven by strong placements at the CBN SDF window and primary market inflows, while SLF borrowings partly offset the gains. Funding costs eased as OPR and OVN rates declined. Treasury Bills The NTB market was quiet […]

System Liquidity System liquidity opened with a surplus balance of ₦560.22 billion, a significant decline of ₦4.07 trillion due mainly to OMO sales despite notable SDF placements and bond coupon inflows. Funding costs inched up slightly as the Overnight Rate rose while the Open Repo Rate remained flat. Treasury Bills The NTB market trading activity […]

System Liquidity System liquidity opened at ₦4.63 trillion, reflecting a decline of ₦1.49 trillion due to the settlement of ₦1.54 trillion in bond sales outweighing higher placements in the SDF window. Funding costs were stable, with the OPR at 22.50% and the OVN at 22.79%, keeping the average at 22.65. Treasury Bills The NTB secondary […]

System Liquidity System liquidity expanded sharply to a ₦6.13 trillion surplus on the back of ₦2.14 trillion OMO maturities and higher SDF placements. Funding conditions stayed stable, with average funding cost 22.65%, OPR 22.50%, and OVN 22.79%. Treasury Bills The NTB secondary market remained quiet with subdued activity and balanced demand across tenors. Rates were […]

System Liquidity System liquidity strengthened to a ₦3.91 trillion surplus, driven by heavy SDF placements and bond coupon inflows. Funding conditions were stable, with average funding cost at 22.65%, OPR 22.50%, and OVN 22.79%. Treasury Bills NTB trading remained subdued with balanced demand across maturities and no major yield movement. Rates stayed flat along the […]

System Liquidity System liquidity improved significantly, opening with a surplus of ₦2.58 trillion due to large inflows from bond and NTB maturities. This eased funding pressures, leading to a slight decline in average funding rates. Overnight and repo rates moderated, and funding costs are expected to remain range-bound in the near term. Treasury Bills The […]

System Liquidity System liquidity swung into a sharp deficit of ₦973.9bn, driven mainly by sizable OMO sales and SLF borrowings, despite SDF placements and bond coupon inflows. As a result, funding conditions tightened, with average funding cost rising to 22.65%. Treasury Bills The NTB market traded on a calm-to-bearish note ahead of the PMA, with […]