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…
