FINANCIAL MARKETS TODAY – 12 January 2022
FIXED INCOME MARKETS Money Markets System liquidity improved to a credit balance of c.₦ 500.39 billion compared to yesterday’s opening balance of c.₦ 449.24 billion. Overall, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained unchanged at…
FINANCIAL MARKETS TODAY – 11 January 2023
FIXED INCOME MARKETS Money Markets System liquidity improved to a credit balance of c.₦ 449.24 billion compared to yesterday’s opening balance of c.₦ 341.46 billion. Overall, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) remained unchanged at…
FINANCIAL MARKETS TODAY – 10 January 2023
FIXED INCOME MARKETS Money Markets System liquidity declined to open at c.₦341.46 billion compared to yesterday’s opening balance of c.₦ 370.18 billion. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) declined to 9.50% and 9.83%…
FINANCIAL MARKETS TODAY – 09 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market declined significantly to c.₦370.18 billion compared to Friday’s opening balance of c.₦1.35 trillion, because of the CRR debits. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 06 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, albeit opening system liquidity declined slightly to c.₦1.35 trillion, compared to yesterday’s balance of c.₦ 1.41 trillion. Overall, the Overnight Policy Rate (OPR) and Overnight…
AIICO MONEY MARKET FUND NEWSLETTER – December 2022
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,…
AIICO BALANCED FUND NEWSLETTER – December 2022
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the Fund is to create medium to long term…
FINANCIAL MARKETS TODAY – 05 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity improved further to c.₦1.41 trillion, compared to c.₦ 1.40 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 04 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity improved further to c.₦1.40 trillion, compared to c.₦ 1.03 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 03 January 2023
FIXED INCOME MARKETS Money Markets Interbank system liquidity improved significantly to a credit balance of c.₦1.03 trillion, compared to c.₦584.67 billion recorded the previous week. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
