Tag: Treasury bills

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....

SAT 05 JUNE, 2021-theGBJournal- It was another week of bearish trading in the Treasury bills secondary market, following the absence of renewed injections despite...

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...

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...

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...

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...

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...

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...

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...

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...