FINANCIAL MARKETS TODAY –16 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦34.77billion long, compared with the opening balance of ₦69.83 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) both increased by 25bps to…
FINANCIAL MARKETS TODAY –15 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell to c.₦69.83billion long, compared with the opening balance of ₦701.24 billion recorded last week Friday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased to 13.13%…
FINANCIAL MARKETS TODAY –12 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity fell slightly to c.₦701.24 billion long, compared with the opening balance of ₦756.77 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 113bps to 12.13%, while the…
FINANCIAL MARKETS TODAY –11 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased slightly to c.₦756.77 billion long, compared with the opening balance of ₦721.54 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while…
FINANCIAL MARKETS TODAY –10 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c.₦721.54 billion long, compared with the opening balance of ₦584.69 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) remained unchanged at 11.00% while the…
FINANCIAL MARKETS TODAY –09 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c.₦585.69 billion long, compared with the opening balance of ₦534.78 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both increased to…
FINANCIAL MARKETS TODAY –08 May 2023
FIXED INCOOME MARKETS Money Markets Opening System liquidity increased to c.₦534.78 billion long, compared with the opening balance of ₦343.84 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both…
AIICO MONEY MARKET FUND NEWSLETTER – April 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 May 2023
FIXED INCOME MARKET Money Markets Opening System liquidity increased to c.₦343.84 billion long, compared with the opening balance of ₦297.75 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained unchanged at…
Monthly Financial Market Update – April 2023
Macroeconomic Review Nigeria’s Inflation-Reflecting the known reality Nigeria’s inflation for March 2023 rose to 22.04% Y-o-Y (Est. +21.80%), an increase of c.0.13% from 21.91% Y-o-Y recorded in February 2023. Moreso, headline inflation printed higher at…
