AIICO BALANCED FUND NEWSLETTER – MARCH 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 – 31 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the day with a credit balance of ca ₦293.90 billion, lower than the previous day’s opening balance of ca ₦391.78 billion, due to the NTB auction debit. Nonetheless, the Overnight Policy…
FINANCIAL MARKETS TODAY – 30 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity stayed buoyant, opening with a credit balance of ca ₦391.78 billion, compared to yesterday’s opening balance of ca ₦333.56 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 29 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity declined today, opening with a credit balance of ca ₦333.56 billion compared to yesterday’s opening balance of ca ₦502.97 billion. Thus, the Overnight Policy Rate (OPR) remained unchanged at…
FINANCIAL MARKETS TODAY – 28 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today (buoyed by coupon payments worth ca ₦139 billion), opening with a credit balance of ca ₦502.97 billion higher than Friday’s opening balance of ca ₦26.81 billion.…
FINANCIAL MARKETS TODAY – 25 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 24 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 23 March 2022
FIXED INCOME MARKET Money Markets …
CBN MAINTAINS STATUS QUO ON KEY POLICY RATES, DESPITE RISING INFLATION – 21 MARCH 2022
Nigeria’s Monetary Policy Committee (MPC) concluded its second meeting of 2022 today, maintaining all key rates. Please see below, a summary of the committee’s decisions: – Retain MPR at…
FINANCIAL MARKETS TODAY – 22 March 2022
FIXED INCOME MARKET Money Markets …