Tag: Treasury bills
Treasury bills market depressed by Illiquidity as yield across instruments end...
SAT 24 APRIL, 2021-theGBJournal- The Treasury bills secondary market remained bearish following the persistent illiquidity in the interbank market. As a result, the average...
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...
MARKETS BRIEF: Tight system liquidity continues to force Treasury bills sell-offs,...
SAT 20 MARCH, 2021-theGBJournal- The overnight (OVN) rate expanded by 11.33ppts, w/w, to 25.5% as outflows for CRR debits, FX auctions, OMO auction (NGN60.00...
Money market squeezed by funding pressures as overnight rate expands by...
SAT 06 FEB, 2021-theGBJournal- The overnight (OVN) rate expanded by 700bps w/w to 18.0% as system liquidity (weekly average c. NGN224.52 billion) was squeezed...
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...
Market humbled by sell-offs as banking stocks drag ASI down 0.1%,...
SAT, 19 SEPT 2020-theGBJournal-Mixed trading continued on the local bourse amidst weak volumes and the absence of any positive catalysts, with the benchmark index...
