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 […]

Global Shadow Banking Sees Heightened Regulatory Scrutiny

21/3/2018/Fitch Ratings Continued increases in shadow-banking regulation should be a net positive for system-wide stability and liquidity if maintained over the medium term, says Fitch Ratings. Overall shadow-banking asset levels have remained manageable. However, more rapid growth in certain regions and activities is expected to attract additional regulatory scrutiny, given […]