FINANCIAL MARKETS TODAY – 10 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity opened at ca ₦7.44 billion today, a slight improvement from yesterday’s deficit balance of ca -₦13.78 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle…
FINANCIAL MARKETS TODAY – 09 September 2021
FIXED INCOME MARKET Money Markets Banking system liquidity improved slightly today, opening with a deficit of ca -₦13.78 billion today, better than the previous day’s opening of ca -₦92.05 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON)…
Monthly Financial Market Update – August 2021
Macroeconomic Review: Nigeria’s GDP expands 5.01% Y-o-Y in Q2:2021… Highest Rate since 2014 Nigeria’s Real gross domestic product (GDP) increased by 5.01% in Q2:2021, reflecting the third consecutive quarter of growth, supported by the gradual return of…
FINANCIAL MARKETS TODAY – 08 September 2021
FIXED INCOME MARKET Money Markets System liquidity is expected to be relatively stable at c.N200bn, despite the Open Buy Back (OBB) and Overnight (ON) rates trending higher to settle at 8.83% and 9.33% from 7.00% and 7.25% respectively, the previous…
FINANCIAL MARKETS TODAY – 07 September 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system improved today (buoyed by OMO maturities of ₦50bn), opening with a balance of ca ₦212.74 billion, higher than the previous day’s opening of ca ₦169.91 billion. Thus, the Open Buy Back…
FINANCIAL MARKETS TODAY – 06 September 2021
FIXED INCOME MARKET Money Markets System Liquidity opened the first trading day of the week with a balance of ca ₦169.91 billion, lower than the Friday’s opening of ca ₦393.10 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 03 September 2021
₦393.10 billion, lower than previous day’s opening of ca ₦431.83 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 13.00% and 13.50% from 4.33% and 4.83% respectively the previous day, as most banks had to fund for the…
AIICO MONEY MARKET FUND NEWSLETTER – August 2021
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, designed to…
FINANCIAL MARKETS TODAY – 02 September 2021
FIXED INCOME MARKET Money Markets System liquidity reduced marginally today, opening with a balance of ca ₦431.83 billion, lower than previous day’s opening of ca ₦432.62 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
AIICO BALANCED FUND NEWSLETTER – AUGUST 2021
Overview AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments, and both Quoted and Unquoted equities. Fund Performance The bargain hunting drove market performance of the domestic bourse in…
