FINANCIAL MARKETS TODAY – 7 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased today to c.₦ 472.3 billion compared to yesterday’s c.₦ 280.1 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) remained unchanged at 10.50% and at…
FINANCIAL MARKETS TODAY – 6 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦300 billion long, in the absence of official figures by the CBN. Thus, the Overnight Policy Rate (OPR) remained unchanged at 10.50% from Friday while the Overnight Rate (O/N)…
AIICO MONEY MARKET FUND NEWSLETTER – January 2023
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,…
AIICO BALANCED FUND NEWSLETTER – January 2023
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 – 3 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦800 billion long, in the absence of official figures by the CBN. However, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) closed higher at 10.88% and 11.06%…
FINANCIAL MARKETS TODAY – 2 February 2023
FIXED INCOME MARKETS Money Markets System liquidity declined to c.₦812.90 billion compared to c.₦1.22 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) remained unchanged at 10.50% while the Overnight Rate (O/N) declined…
FINANCIAL MARKETS TODAY – 1 February 2023
FIXED INCOME MARKETS Money Markets System liquidity remained elevated at c.₦ 1.22 trillion, vs c.₦ 1.02 billion recorded the previous day. Overall, the Overnight Policy Rate (OPR) remained unchanged at 10.50% while the Overnight Rate (O/N) declined to…
FINANCIAL MARKETS TODAY – 31 January 2023
FIXED INCOME MARKETS Money Markets System liquidity improved significantly to c.₦ 1.02 trillion long, compared to c.₦ 581.26 billion recorded yesterday. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both remained unchanged at…
FINANCIAL MARKETS TODAY – 30 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened lower today at c.₦ 581.26 billion long, compared to c.₦ 1.22 trillion recorded last week Friday, due to CRR debits. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both…
FINANCIAL MARKETS TODAY – 27 January 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity remained significantly buoyant at c.₦ 1.22 trillion, compared to yesterday’s balance of c.₦ 956.95 billion. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) both remained…
