Culled—Proshare March 27, 2018/CBN The Central Bank of Nigeria (CBN) on Tuesday, March 27, 2018, intervened in the inter-bank sector of the Foreign Exchange market to the tune of $210 million. Figures obtained from the Bank on Tuesday, March 27, 2018 indicate that the Wholesale sector of the market got […]
Money Market
Funding Rates Rise Higher as CBN Intervenes in FX Market
Culled—Proshare March 27, 2018/Zedcrest Capital *** Reps plan more powers for AMCON in debt recovery*** Bonds The bond market was scantily traded in today’s session, with very little in the way of flows, mostly driven by few client interests. Yields compressed just marginally by 1bps, with some late market trades […]
Dodd-Frank Easing Not a Near-Term Bank Ratings Issue
March 22, 2018/Fitch Ratings A bill easing financial regulations for US small to mid-size banks is not likely to be a near-term ratings issue, but over time could have negative credit-profile implications for banks particularly as it relates to capitalization, liquidity, risk management and governance, Fitch Ratings says. Regulators have […]
