Friday Funday – Not too much fun in the market this week as liquidity levels continued to tighten with each passing day. The overnight lending rate (o/n rate) rose by more than 100bps each trading session and the T-bill auction was significantly undersubscribed. Attached are the underwhelming T-bill results in full for your perusal. Away from this, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!
Attached are the bond positions available today and the T-bill auction results for this week.