FINANCIAL MARKETS TODAY – 2 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity improved today with a credit balance of ₦537.94 billion, compared to yesterday’s opening figure of c.₦463.39 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to…
AIICO MONEY MARKET FUND NEWSLETTER – MAY 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,…
AIICO BALANCED FUND NEWSLETTER – MAY 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 – 1 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.₦ 463.39billion long, significantly higher than yesterday’s opening figure of ₦135.87 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to 6.33% and 7.00%…
