Tag: OVERNIGHT RATE
Markets Wrap: NGX Benchmark Index drops 1.8%, after two straight positive...
THUR 09 DEC, 2021-theGBJournal- The equities market reversed yesterday's gains following selloffs of DANGCEM (-10.0%).
Precisely, the All-Share Index declined by 1.8% to 41,685.22...
Markets Wrap| Equities bounce 2bps after a days of losses, overnight...
TUE 07 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...
Markets Wrap| CBN sold N37.00 billion worth of T-Bills at this...
SAT 04 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded slightly by 8bps w/w to 15.8% this week, in light of the funding pressures for...
T-Bills Market: Banks sell off instruments to fund bids at the...
SAT 23 OCT, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bearish as most local banks sold off instruments to fund their bids...
Markets Wrap: Bonds average yield at 11%, overnight rate expands by...
THUR 21 OCT, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 15.5% in the absence of significant inflows into the system.
The NTB secondary...
Markets Watch: Treasury bills secondary market ends week bullish, overnight lending...
SAT 16 OCT, 2021-theGBJournal- The Treasury bills secondary market ended the week on a bullish note following (1) the improved system liquidity in the...
Markets Wrap: Yield on T-bills projected to settle lower in the...
SAT 09 OCT, 2021-theGBJournal- The Treasury bills secondary market closed the week on a bearish note as the average yield across all instruments expanded...
Markets Wrap: Overnight rate closed at 17.3% following FAAC inflows, banks...
SAT 25 SEPT, 2021-theGBJournal- The overnight (OVN) rate contracted by 50bps w/w to 17.3%, as inflows from FAAC disbursements (c. NGN407.71 billion) and FGN...
Markets Wrap: CBN set to roll over N161.79bn worth of instruments,...
SAT 11 SEPT, 2021-theGBJournal- The overnight (OVN) rate expanded by 100bps w/w to 14.5% as funding pressures for net NTB issuances (NGN71.34 billion) and...
Money market: Depressed system liquidity subdues performance in the T-bills market,...
SAT 29 MAY, 2021-theGBJournal- As in prior weeks, the depressed system liquidity underpinned another bearish performance in the Treasury bills secondary market as local...