• Business - Market Data
  • Updated: November 23, 2021

Monday Fx, Money Market, Fixed Income Summary Report

The naira depreciated by 0.2% to N415.07/USD at the I & E window while it remained flat at the interbank market to trade at N411.59.

The overnight lending rate by the nations’ banking system contracted by 300 basis point to 17.0% in the absence of any significance funding pressures on the system.

The NTB secondary market was quiet, as the average yield was flat at 5.1%.

Similarly, the average yield was flat at 5.5% in the OMO segment.

Trading in the treasury bond secondary market was also quiet as the average yield was flat at 11.2%.

Across the benchmark curve, the average yield contracted slightly at the short (-1bp) end following demand for the MAR-2024 (-1bp) bond; the mid and long segments closed flat.

However, the JUL 2034 AND MAR 2035 fell by (-3bps) each with the MAR-2036 gaining (+0.7bp).

Treasury bills maintained the same auction rate for all categories.

Get the FREE app

Read the latest and trending news in Nigeria and around the World



Join our Telegram platform to get news update Join Now
Okojie Kelvin Echiejile
Okojie Kelvin Echiejile

I am an astute, dedicated, devoted, and intelligent investigator of economic, and financial news and...

More From this Author

Central Bank of Nigeria EXCHANGE RATE

Currencies Buy Rate Sell Rates
USD - NGN 415.23 416.23
EUR - NGN 457.42 458.52
GBP - NGN 547.98 549.30
More Exchange Rate

0 Comment(s)