FINANCIAL MARKETS WEEKLY – 11 August 2023
FIXED INCOME MARKETS Money Markets System liquidity clinged at closed range bands for most part the week but declined by 39.36% this week. Nevertheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by 383bps and 683bps to 2.00% and 2.80%,…
Monthly Financial Market Update – July 2023
So far, the Fed has raised policy rate by a cumulative of over 500bps since early 2022...
FINANCIAL MARKETS TODAY –08 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦360.65billion long, compared with ₦294.35 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased by 315bps and 400bps to 2.75%…
AIICO MONEY MARKET FUND NEWSLETTER – July 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 in money market securities,…
FINANCIAL MARKETS TODAY –07 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦294.35billion long, compared with ₦355.75 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 7bps and 37bps to 5.90% and…
FINANCIAL MARKETS WEEKLY – 04 August 2023
FIXED INCOME MARKETS Money Markets System liquidity declined this week, significantly tied to CBN’s debits across banks who failed to meet the 65% minimum Loan to Deposit Ratio requirement. For context, system liquidity declined by 47.96% from ₦683.56…
FINANCIAL MARKETS TODAY –03 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦839.84 billion long, compared with ₦824.00 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 14bps and 21bps to 1.07% and…
FINANCIAL MARKETS TODAY –01 August 2023
Fixed income markets Money Markets Opening system liquidity increased to ₦810.49 billion long, compared with ₦788.93 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 1.29bps and 1.15 bps respectively…
