FINANCIAL MARKETS TODAY – 15 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly higher today at ca ₦136.81 billion compared to yesterday’s opening balance of ca ₦55.28 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate closed lower…
Monthly Financial Market Update – November 2022
Macroeconomic Review Q3:2022 growth numbers for Nigeria and sustained hawkish CBN amid mounting inflationary pressures The Nigerian economy grew by 2.25% Y-o-Y (Est. 2.90%) in the third quarter of 2022 (vs 3.54% and 4.03% recorded in Q2:2022 and Q3:2021…
FINANCIAL MARKETS TODAY – 14 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦55.28 billion amid the FGN bond auction settlement, compared to yesterday’s opening balance of ca ₦151.13 billion. Thus, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 13 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦151.13 billion, compared to yesterday’s opening balance of ca ₦91.44 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate closed…
FINANCIAL MARKETS TODAY – 12 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week positive with a balance of ca ₦91.44 billion, albeit significantly lower than Friday’s opening balance of ca ₦187.75 billion. Thus, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 09 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today with a positive balance of c.₦ 187.75 billion compared to c.₦ 164.24 billion recorded yesterday. However, the Overnight Policy Rate (OPR) and Overnight (ON) rate closed higher at…
FINANCIAL MARKETS TODAY – 08 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened lower with a balance of c.₦ 164.24 billion compared to c.₦ 325.63 billion recorded yesterday, as debits for the NTB auction settlement hit the system. Consequently, the Overnight Policy…
FINANCIAL MARKETS TODAY – 07 DECEMBER 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly with a positive opening balance of c.₦325.63 billion compared to c.₦ 174.68 billion recorded yesterday. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate…
FINANCIAL MARKET TODAY- 5 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of c.₦ 189.63 billion compared to Friday’s opening balance of c.₦ 203.73 billion. Thus, the Overnight Policy Rate (OPR) inched up to 11.88% from 11.38% recorded on Friday,…
AIICO MONEY MARKET FUND NEWSLETTER – NOVEMBER 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,…
