AIICO BALANCED FUND NEWSLETTER – SEPTEMBER 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 improved performance of the fund in September, can be closely tied to…
FINANCIAL MARKETS TODAY – 07 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened in a deficit of ca ₦16.31 billion, lower than yesterday’s opening balance of ca ₦101.54 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at…
FINANCIAL MARKETS TODAY – 06 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦101.54 billion, higher than yesterday’s opening balance of ca ₦80.66 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to…
FINANCIAL MARKETS TODAY – 05 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦80.66 billion, lower than yesterday’s opening balance of ca ₦124.28 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates declined to settle at…
FINANCIAL MARKETS TODAY – 04 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦124.28 billion, significantly lower than Thursday’s opening balance of ca ₦437.69 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 30 September 2021
Money Markets Interbank System liquidity improved significantly today, opening with a balance of ca ₦437.69, better than previous day’s opening deficit of ca -₦105.10 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended higher to…
FINANCIAL MARKETS TODAY – 29 September 2021
Money Markets System liquidity declined today, opening in a deficit of ca ₦105.10 billion, lower than previous day’s opening balance of ca ₦39.15 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 9.50% and…
FINANCIAL MARKETS TODAY – 28 September 2021
System liquidity improved today, opening with a balance of ca ₦39.15 billion, higher than previous day’s opening deficit of ca ₦72.26 billion, as inflows of ca ₦102 billion impacted the system from Open Market Operations (OMO) maturities. Thus, the Open…
FINANCIAL MARKETS TODAY – 27 September 2021
Interbank system liquidity opened in a deficit ca ₦72.26 billion, better than Friday’s opening deficit of ca ₦211.01 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 15.33% and 16.00% from 16.00% and 17.25%…
FINANCIAL MARKETS TODAY – 24 September 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened in a deficit ca -₦211.01 billion, significantly lower than the previous day’s balance of ca -₦0.27 billion due to the funding needs on the back of the Bond auction settlement. Thus, the…
