FINANCIAL MARKETS TODAY – 03 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity saw a significant increase of +437.99%, rising from ₦104.61 billion reported yesterday to ₦562.79 billion today. However, both the Open Repo Rate and the Overnight Rate experienced upward…
FINANCIAL MARKETS TODAY – 02 April 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity showed a significant improvement, increasing by 130.83% from ₦45.32 billion last Thursday to ₦104.61 billion today. Consequently, the Open Repo Rate dropped by 382 bps to 23.47%, and the…
FINANCIAL MARKETS WEEKLY – 28 March 2024
FIXED INCOME MARKETS MONEY MARKETS At the end of the week, system liquidity remained in positive territory, despite c.₦1.19 trillion deducted from the system for NTB auction settlement. To provide context, system liquidity opened at around ₦45.32 billion…
FINANCIAL MARKETS TODAY – 27 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity returned to its positive levels, with opening balance at ₦285.27 billion from -₦16.28 billion reported yesterday. Nonetheless, the Open Repo Rate rose by 64 bps to 26.93%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 26 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity experienced a deficit balance today, opening at approximately -₦16.28 billion, a significant decrease from the ₦98.84 billion reported yesterday. As a result, the Open Repo Rate rose by 69 bps to…
MPC HIGHLIGHT – MARCH 2024
Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, highlighted that the recent Monetary Policy Committee (MPC) deliberations heavily weighed on inflationary pressures and exchange rate fluctuations. The committee was confronted with the…
FINANCIAL MARKETS TODAY – 25 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity stayed positive, as it opened at c.₦98.84 billion compared to ₦52.77 billion reported last Friday. Consequently, the Open Repo Rate declined by 62bps to 25.60%, while the Overnight Rate eased by 84 bps,…
AIICO MONEY MARKET FUND NEWSLETTER – February 2024
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing in money market securities,…
FINANCIAL MARKETS WEEKLY – 22 March 2024
FIXED INCOME MARKETS MONEY MARKETS At the beginning of the week, system liquidity stood at c.-₦351.51 billion. However, as the week progressed, it shifted to a positive position, thanks to inflows from SWAP maturities, CRR refunds, and FGN Bond coupons.…
FINANCIAL MARKETS TODAY – 21 March 2024
FIXED INCOME MARKETS MONEY MARKETS Today, system liquidity opened lower at c.₦47.67 billion compared to ₦97.44 billion reported yesterday. As a result, the Open Repo Rate increased by 76bps to 26.43%, while the Overnight Rate increased by 74 bps, to…
