FINANCIAL MARKETS TODAY – 15 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity declined further to ₦ 11.21billion from ₦ 23.43 billion recorded yesterday. Thus, Overnight Policy Rate (OPR) and Overnight (ON) rate remained elevated at double digit levels, closing at 13.75%…
FINANCIAL MARKETS TODAY – 14 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦23.43billion long from ₦ 259.73 billion recorded on Friday, because of the retail FX auction and CRR debits that took place last week. However, Overnight Policy…
FINANCIAL MARKETS TODAY – 10 June 2022
FIXED INCOME MARKET Money Markets Opening Interbank system liquidity improved significantly to ₦259.73billion from ₦ 87.17 billion recorded yesterday, due to late Retail FX auction refunds. However, today’s Retail FX intervention provisioning caused the…
FINANCIAL MARKETS TODAY – 09 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity printed lower at ₦87.17 billion compared to ₦149.69 billion recorded yesterday, due to NTB auction debits. Nonetheless, Overnight Policy Rate (OPR) and Overnight (ON) rate declined to 6.50% and…
FINANCIAL MARKETS TODAY – 08 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher at N149.69 billion vs ₦25.50 billion recorded yesterday. Despite the improvement in system liquidity, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 7.50% and 8.33%…
FINANCIAL MARKETS TODAY – 07 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦25.50 billion long, compared to ₦178.50 billion recorded yesterday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 6.75% and 7.50%…
FINANCIAL MARKETS TODAY – 06 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week lower, with a credit balance of ₦178.50 billion compared to Friday’s opening balance of c. ₦347.91 billion. Thus, Overnight Policy Rate (OPR) and Overnight (ON) rate settled at…
FINANCIAL MARKETS TODAY – 03 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity declined significantly by c.₦234.23 billion from yesterday’s figure to print at ₦283.71 billion, following another round of CRR debits. Consequently, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 2 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity improved today with a credit balance of ₦537.94 billion, compared to yesterday’s opening figure of c.₦463.39 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to…
AIICO MONEY MARKET FUND NEWSLETTER – MAY 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,…
