FINANCIAL MARKETS TODAY – 05 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity further weakened with a credit balance of ca ₦41.80 billion, lower than the previous day’s opening of ca ₦128.63 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 04 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦128.63 billion, slightly lower than the previous day’s opening of ca ₦136.64 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 03 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slightly eased today, opening with a credit balance of ca ₦136.64 billion, lower than the previous day’s opening of ca ₦191.95 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates…
AIICO MONEY MARKET FUND NEWSLETTER -OCTOBER 2021
AIICO Money Market Fund recorded a net yield of 9.88% p.a in October 2021, slightly lower than previous month’s closing yield of 10.08% p.a. Nevertheless, outperforming its benchmark’s average yield of 2.52%. This comes off the back of investment in high…
AIICO BALANCED FUND NEWSLETTER – OCTOBER 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 positive performance of the fund was sustained in October. The fund…
FINANCIAL MARKETS TODAY – 02 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, with a credit balance of ca ₦191.95 billion, better than yesterday’s deficit balance of ca -₦9.24 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates…
Monthly Financial Market Update – October 2021
Macroeconomic Review Global Crude Oil Prices Soar on Energy Supply Concerns and OPEC+ Decision International benchmark Brent crude prices soared through October, just as industries began to recover fully from the effects of the last year’s demand dip…
FINANCIAL MARKETS TODAY – 01 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity remained low, opening with a negative balance of ca ₦9.24 billion, better than Friday’s balance of ca -₦14.49 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) trended significantly…
