Tag: T.bills
Markets Brief: Naira drops 3.5% to N522/US$ in response to BDC...
WED 28 JULY, 2021-theGBJournal-The naira was flat at NGN411.60/USD at the I&E window but depreciated by 3.5% to NGN522.00/USD in the parallel market in...
Markets Brief: Money and Fixed income markets end Tuesday’s trading sessions...
TUE 27 JULY, 2021-theGBJournal-The overnight lending rate expanded by 50bps to 16.3%, as funding pressures outweighed inflows from OMO maturities (NGN16.84 billion).
The NTB secondary...
Markets Wrap: Naira ekes out slight gain at parallel market, investors’...
WED 16 JUNE, 2021-theGBJournal- Trading in the domestic equities market was negative for most of the day; however, investors’ interest in MTNN (+1.2%) spurred...
Treasury bills contracts by 13bps to 8.2% following demand for mid...
SAT 12 JUNE, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bullish this week following demand for the mid and long-dated OMO bills....
Money Market: Overnight rate jumps by 15.83 ppts w/w to 28.3%...
SAT 17 APRIL, 2021-theGBJournal-The overnight (OVN) rate jumped by 15.83 ppts w/w to 28.3% as outflows for CRR debit, weekly OMO (NGN20.00 billion) and...
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...
Local currency stays flat at N485/$, Treasury Bonds yield rises at...
MON 15 MARCH, 2021-theGBJournal-The naira appreciated by 0.3% to NGN408.90/USD at the I&E window but remained flat at NGN485.00/USD in the parallel market.
The overnight...
Tight system liquidity triggers T-bills sell-offs from local banks as Treasury...
SAT, MARCH 13 2021-theG&BJournal- Just as we envisaged, activities in the Treasury bills secondary market remained bearish (average yield across all instruments expanded by...
MARKETS WRAP: Naira trades flat at N410.00/$, Treasury bonds yield expands...
MON 22 FEB, 2021-theGBJournal- The domestic equities market opened the week with negative trading, following profit-taking activities on WAPCO (-8.0%), FIDELITYBK (-3.2%) and UCAP...
WEEKLY MARKETS WRAP: CBN maintained stop rates across tenors, sells N180...
SAT 20 FEB, 2021-theGBJournal- The overnight (OVN) expanded by 15.75ppts w/w, to 20.5%. The rate was depressed at the beginning and middle of the...