FINANCIAL MARKETS TODAY – 19 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of -ca ₦320.16billion, significantly lower than yesterday’s opening balance of ca ₦54.03 billion. Thus, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 18 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ₦54.03 billion, higher than previous day’s opening balance of ca ₦31.82 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher to…
FINANCIAL MARKETS TODAY – 17 May 2022
FIXED INCOME MARKET Money Markets The interbank system liquidity opened significantly lower at ₦31.82 billion (despite the OMO maturity of ca. ₦33.63 billion), compared to yesterday’s opening balance of ca ₦351.27 billion. Consequently, the Overnight…
FINANCIAL MARKETS TODAY – 16 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦351.27 billion, higher than Friday’s balance of ca ₦299.98 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to settle at…
INFLATION WATCH – APRIL 2022
Rising global commodity prices steered Nigeria’s inflation to 16.82% in April 2022 Nigeria’s Consumer Price Index (CPI) for April 2022 printed significantly higher at 16.82% Y-on-Y (an 8-month high), up from 15.82% Y-o-Y in March (Bloomberg Consensus…
AIICO MONEY MARKET FUND NEWSLETTER – APRIL 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,…
FINANCIAL MARKETS TODAY – 13 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦299.98 billion, an increase from yesterday’s balance of ca ₦271.40 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher…
FINANCIAL MARKETS TODAY – 12 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, to open with a credit balance of ca ₦271.40 billion compared to yesterday’s balance of ca ₦251.64 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 11 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ₦251.64 billion, lower than yesterday’s opening balance of ca ₦336.12 billion. Overall, liquidity levels remained robust with no significant funding needs. However, the…
FINANCIAL MARKETS TODAY – 10 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a credit balance of ₦336.12 billion, compared to yesterday’s balance of ca ₦165.47 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
