FINANCIAL MARKETS TODAY –06 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c.₦381.08 billion long, , compared with the opening balance of ₦200 billion long, recorded yesterday Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained…
AIICO MONEY MARKET FUND NEWSLETTER – May 2023
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 TODAY –05 June 2023
FIXED INCOME MARKETS Money Markets In the absence of official figures, opening system liquidity was estimated to hover around c.₦200 billion long. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased to 11.63% and 12.00%…
FINANCIAL MARKETS WEEKLY – 02 June 2023
FIXED INCOME MARKETS Money Markets Due to the absence of significant flows, opening system liquidity swung at close-range levels this week, as we recorded only 17bps decline to ₦230.13 billion, week-on-week. The Open Repo Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY –02 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦230.13 billion long, compared with the opening balance of ₦162.63 billion long, recorded yesterday. Consequently, the Open Repo Rate (OPR) remained unchanged at 11.50%, while the…
FINANCIAL MARKETS TODAY –01 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦162.63 billion long, compared with the opening balance of ₦114.79 billion long, recorded yesterday. Consequently, the Open Repo Rate (OPR) fell by 25bps to 11.50%, while the…
FINANCIAL MARKETS TODAY –31 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦114.79 billion long, compared with the opening balance of ₦229.11 billion long, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY –30 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦229.11 billion long, compared with the opening balance of ₦278.44 billion long, recorded last week Friday. Consequently, both the Open Repo Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS WEEKLY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased this week following the influx of FAAC monthly disbursement at the early part of the week. For context, system liquidity increased by 18.14% to ₦278.44 billion, week-on-week.…
FINANCIAL MARKETS TODAY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦278.44 billion long, compared with the opening balance of ₦489.03 billion long, recorded yesterday. Consequently, both the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
