Tag: OMO maturities
Liquidity dearth pressures T-Bills market as average yield expanded by 22bps...
SAT 10 APRIL, 2021-theGBJournal-As expected, the overall Treasury bills secondary market was bearish, following the liquidity dearth in the system. Thus, the average yield...
Treasury bonds end week bearish as DMO seeks to securitize the...
SAT 06 MARCH, 2021-theGBJournal-In line with our expectations, the overnight (OVN) rate expanded by 10.00ppts w/w, to 16.3%, as debits for CRR and CBN’s...
MARKETS WRAP: Naira down 0.6% to N411.63/$, benchmark index down 0.6%...
TUES 02 MARCH, 2021-theGBJournal- The local bourse dipped Tuesday after starting the month with a rally.
The bourse was dragged by investors selling off on...
BONDS: Treasury bonds average yield expands by 36bps to 7.1%, as...
SAT 23 JAN, 2021-theGBJournal- Activities in the Treasury bonds secondary market was largely influenced by the proceedings in the primary market, as investors focused...
MARKETS BRIEF: Naira gains 0.1% to N393.33/US$, treasury bonds declines 10bps...
TUE 19 JAN, 2021-theGBJournal- The local currency, the Naira strengthened today by 0.1% to N393.33/US$ at the I&E window following Monday’s 0.2% gain. The...
MONEY MARKET: Overnight rate dips by 833bps w/w, to 1.0%, OMO...
SAT 16 JAN, 2021-theGBJournal- In line with our expectation, the overnight (OVN) rate dipped by 833bps w/w, to 1.0% as inflows from OMO (NGN211.25...
MARKETS BRIEF: Nigeria’s Money and Fixed income markets record contrasting performances
THUR, 24DEC, 2020-theGBJournal- The overnight rate (OVN) contracted by 392bps w/w to 0.6%. We note that the rate stayed depressed through the week as...
Money & Fixed Income Markets: Treasury bond reacts negatively to unanticipated...
…Overnight rate contracted by 337 bps w/w
SAT, 12 DEC, 2020-theGBJournal- The Treasury bond secondary market reacted negatively to the unanticipated front-end supply from the...
Profit-taking persists in the treasury bonds market as average yield expands...
TUE, 08 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish following Monday’s bearish sentiments.
Average yield expanded by 11bps to 4.1% and across the...
MARKETS WRAP: Bonds average yield expands 20bps to 4.1% as news...
…Overnight rate expanded by 275 bps w/w to 4.3%
…Apprehension for yields dominates T-bills market
SAT, 05 DEC, 2020-theGBJournal- The Treasury bond secondary market retraced this...