September 8, 2025/Coronation Update

Summary

Last week, System liquidity fluctuated through the week, although the market was quite fluid, opening at N1.40trn  and peaking at N1.99trn midweek as markets prepared for the Treasury Bill auction in anticipation of expected higher rates and a sizable inflow of N620.65bn in OMO repayments.

However, this was short-lived as liquidity fell to N1.64trn by the end of the week following N585.25bn in T-bill sales the previous day. On average, system liquidity settled at around N1.70trn.

 Download the full report here