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Money Market

 

 

NIBOR RATE

 

 

 

 30-May-08

23-May-08

7-day NIBOR

   12.4583

   10.0833

30-day NIBOR

   13.7083

   13.3333

90-day NIBOR

 14.0417

 13.6250

 

 

 

Inflation Rate

Year-on-year change (%)

12-Month Average Change (%)

May, 2008

 8.20

 6.10

December, 2006

 8.50

 8.20

 

 

 

 

 

 

Treasury Bills Discount Rate

Latest Stop Rate

 Previous Stop Rate

91-day Treasury Bill Rate (%)

8.55

7.25

181-day Treasury Bill Rate (%)

9.25

8.10

 

 

 

OMO Rate (%) 30-day

7.50

7.22

Monetary Policy Rate (%)

10.00

14.00

 

 

 

FGN Bonds

Stop Rate

 

N30 billion (5Yrs)

10.50

 

N20 billion (10Yrs)

10.70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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