FINANCIAL MARKETS TODAY – 14 July 2022
FIXED INCOME MARKET Money Markets In the absence of official liquidity figures, Interbank system liquidity was estimated at c. ₦18bn long, after factoring the NTB auction settlement that took place today. The Overnight Policy Rate (OPR) increased by 5bps…
FINANCIAL MARKETS TODAY – 13 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly with an opening balance of ₦18.45 billion, higher than Friday’s deficit balance of ca -₦158.78 billion. However, the Overnight Policy Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY – 08 July 2022
FIXED INCOME MARKET Money Markets System liquidity eased slightly today, albeit still opening in a deficit of ca -₦158.78 billion, compared to previous day’s opening balance of ca -₦220.75 billion. Consequently, the Overnight Policy Rate (OPR) trended…
FINANCIAL MARKETS TODAY – 07 July 2022
FIXED INCOME MARKET Money Markets Liquidity in the Interbank market lingered in the negative region, with today’s opening balance at ca -₦220.75 billion, lower than yesterday’s balance of – ₦207.34 billion. Overall, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 06 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped further into the deficit zone, with an opening balance of ca – ₦207.34 billion, significantly lower than yesterday’s balance of ca -₦52.07 billion. Nonetheless, the Overnight…
AIICO BALANCED FUND NEWSLETTER – JUNE 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 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a negative balance of ca -₦52.07 billion, significantly lower than the previous day’s balance of ca ₦1.92 billion. Consequently, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 04 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today with an opening balance of ₦1.92 billion, buoyed by late FAAC inflows from Friday. Thus, the Overnight Policy Rate (OPR) trended lower to 13.83% from 14.00% recorded in the…
FINANCIAL MARKETS TODAY – 01 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained short to close the week, with a deficit balance of ₦329.67 billion, lower than previous day’s balance of ca -₦325.43 billion. With the current constraint on banking liquidity, the…
AIICO MONEY MARKET FUND NEWSLETTER – JUNE 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,…
