September 20, 2021/US SEC The Securities and Exchange Commission’s Division of Examinations and Office of Municipal Securities (OMS), the Municipal Securities Rulemaking Board (MSRB), and the Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the 2021 Compliance Outreach Program for Municipal Advisors. The virtual program will […]
Updates
Coronation Fixed Income and Exchange Rate Update
September 20, 2021/Coronation Research Summary Opening market liquidity was reported at NGN312.8bn on Friday (17 Sep ‘21). Overnight and repo rates closed within a range of 16.5-20.0%. The secondary market for NTBs was largely bearish due to the increased supply of NTBs and OMO bills from the auctions in the […]
Post-MPC Review: CBN Leaves Rates Unchanged
September 20, 2021/CSL Research After the recently concluded Monetary Policy Committee (MPC) meeting, the committee unanimously kept all benchmark policy rates at their current levels. In a widely expected move, the committee elected to keep the Monetary Policy Rate (MPR) at 11.5%, the asymmetric corridor was retained at +100bps/-700bps around […]
