April 8, 2025/InvestmentOne Update In March 2025, money market rates contracted as the average Open Buy Back and Overnight lending rate declined by 148bps and 147bps to 30.17% and 30.63% compared to the previous month. However, despite the moderation in interbank rates, liquidity was constrained as various primary market auction […]
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April 8, 2025/Cordros Update
Coronation Fixed Income and Exchange Rate Update
April 8, 2025/Coronation Research Summary Last week, system liquidity still closed positively at N969.64bn (4th April, ’25) from N969.77bn in the previous week. Consequently, the Open Repo Rate (OPR) remained unchanged at 26.50%, while the Overnight Rate (O/N) decreased by 10bps to close at 26.86%. We expect interbank rates to […]
