The money market report for the week ended July 25, 2025, shows varying trends in different segments. In the United States, the Federal Reserve’s selected interest rates report indicates that the federal funds effective rate remained stable at 4.33% from July 22 to July 25. Commercial paper rates also showed minimal fluctuations, with 1-month, 2-month, and 3-month rates ranging from 4.27% to 4.31%. The bank prime loan rate stood at 7.50%, while the discount window primary credit rate was at 4.50%.
In the money market fund sector, assets increased by $9.18 billion to $7.07 trillion for the week ended July 23, 2025. Government money market fund assets rose by $6.11 billion, with retail funds decreasing by $2.09 billion and institutional funds increasing by $8.21 billion. Prime money market fund assets grew by $3.97 billion, driven by increases in both retail and institutional funds.
The Reserve Bank of India’s (RBI) bulletin for July 2025 provides insights into the Indian money market, including trends in liquidity aggregates, reserve money, and commercial bank surveys. The RBI’s survey on liquidity aggregates and reserve money provides valuable information on the money market’s overall liquidity conditions.
It’s worth noting that the Nigerian Exchange also released its weekly market report for the week ended July 25, 2025, which may provide additional insights into the money market trends in Nigeria. However, without specific details on the report’s contents, it’s challenging to draw conclusions about the Nigerian money market’s performance during this period.
