Monthly Archives: December 2021
Nigeria Fixed Income Weekly
The week that was (December 6-10) Tight liquidity conditions continue to drive higher short-term rates: Liquidity conditions remained tight across the financial system as the CBN continued to look for means to curb Naira liquidity with another raft of out-of-cycle CRR debits on Friday. These debits have been growing in frequency since November and, amid […]
Nigeria Fixed Income Weekly
The week that was (November 22-26) As expected, the CBN held the line on key policy parameters at the end of its two-day monetary policy retreat citing progress across all key macroeconomic variables as justification. However, interest rates trended higher across board as system liquidity appears under strain, while the Naira continued to hug the […]