FINANCIAL MARKETS WEEKLY – 09 February 2024
FIXED INCOME MARKETS Money Markets System liquidity was supported by bilateral swap maturities during the week, despite NTB auction funding. For context, system liquidity increased from -₦307.65 billion to ₦117.33 billion at the close of this week.…
FINANCIAL MARKETS TODAY – 08 February 2024
FIXED INCOME MARKETS Money Market The NTB auction debit caused a significant decline in opening system liquidity, plunging to a deficit of ₦390.63 billion today, down from the positive opening balance of ₦126.66 billion yesterday. Thus, the Open Repo…
FINANCIAL MARKETS TODAY – 07 February 2024
FIXED INCOME MARKETS Money Market Opening system liquidity increased by 144.73% to ₦126.66 billion long today, buoyed by bilateral swap maturities. However, the Open Repo Rate increased by 308bps to 19.08%, and the Overnight Rate soared by 283bps to…
FINANCIAL MARKETS TODAY – 06 February 2024
FIXED INCOME MARKETS Money Market System liquidity improved to a positive level as it opened at ₦51.76 billion long, compared with yesterday’s opening balance of -₦172.43 billion. Consequently, the Open Repo Rate declined by 610bps to 16.00%, and the…
FINANCIAL MARKETS TODAY – 05 February 2024
FIXED INCOME MARKETS Money Market System liquidity remained negative, opening at -₦172.43 billion, compared with Friday’s opening balance of -₦307.65 billion. Consequently, the Open Repo Rate increased by 190bps to 22.10%, and the Overnight Rate expanded…
Introducing AIICOInvest: The Ultimate Mobile App for Smarter Investing
AIICO Capital Limited, a leading name in the financial services sector, is proud to announce the launch of AIICOInvest, a revolutionary mobile app designed to empower users with seamless access to smarter investment opportunities. In today’s…
FINANCIAL MARKETS WEEKLY – 02 February 2024
FIXED INCOME MARKETS Money Markets System liquidity was propelled by FAAC credit at the start of the week but drifted significantly lower into the negative zone throughout the week. The OMO and bond auction funding were the major events that dampened…
FINANCIAL MARKETS TODAY – 01 February 2024
FIXED INCOME MARKETS Money Market In the absence of material inflows, opening system liquidity was reported at -₦287.27 billion, compared with previous day’s opening figure of -₦320.25 billion. Nonetheless, the Open Repo Rate increased by 244bps to…
