FINANCIAL MARKETS TODAY –31 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦788.93 billion long, compared with ₦686.56 billion recorded last week Friday. Thus, the Open Repo Rate (OPR) and the Overnight…
FINANCIAL MARKETS WEEKLY – 28 July 2023
FIXED INCOME MARKETS Money Markets System liquidity was boosted by FAAC credit this week. System liquidity increased by more than 10.15x, from -₦74.69 billion recorded at close of last week…
MPC HIGHLIGHT – JULY 2023
The Monetary Policy Committee (MPC) concluded its 2-day meeting today and raised the benchmark interest rate by 25bps to 18.75% and adjusted its asymmetric corridor to -300/+100 basis points around…
FINANCIAL MARKETS WEEKLY – 21 July 2023
FIXED INCOME MARKETS Money Markets System liquidity was drained by the FGN bond auction settlement this week. Opening system liquidity dipped by 116.96% to ₦74.69 billion short from ₦440.51 billion…
FINANCIAL MARKETS TODAY –19 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at (₦-117.63) million long, compared with ₦513.33 million recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
INFLATION WATCH – June 2023
Inflation Watch -The furnace rages on Nigeria’s inflation accelerated to 22.79% YoY in June 2023, higher by 0.38% compared to 22.41% YoY recorded in May (Bloomberg Est. 23.00%). The headline…
FINANCIAL MARKETS TODAY –18 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦513.33 million long, compared with ₦430.12 million recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –17 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦430.12 million long, compared with ₦440.52 million recorded last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate…
AIICO MONEY MARKET FUND NEWSLETTER – June 2023
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicle that pools investment monies from various individuals, Corporate organizations, and High Net-worth Clients (HNC) for the purpose of investing…
FINANCIAL MARKETS WEEKLY – 14 July 2023
FIXED INCOME MARKETS Money Markets System liquidity declined by 46.15% to ₦440.52 billion from ₦818.00 billion recorded at close of last week. Consequently, the Open Repo Rate (OPR) and Overnight…
