FINANCIAL MARKETS TODAY – 06 March 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity decreased significantly, shifting from a deficit of c.₦612.03 billion yesterday to around ₦1,497.87 billion today. As a result, both the Open Repo Rate and Overnight Rate saw increases, rising by…
FINANCIAL MARKETS TODAY – 05 March 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity maintained a deficit balance today at c.-₦612.03 billion, from -₦1,593.09 billion recorded yesterday. Consequently, the Open Repo Rate and Overnight Rate increased by c.133 bps and c.155 bps to…
AIICO BALANCED FUND NEWSLETTER – FEBRUARY 2024
AIICO BALANCED FUND NEWSLETTER – FEBRUARY 2024 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…
FINANCIAL MARKETS TODAY – 04 March 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity plunged further into the negative territory, following the c.₦1.06 trillion OMO bills allotment at last week’s close. To provide context, system liquidity opened at -₦1,593.09 billion, from…
FINANCIAL MARKETS WEEKLY – 01 March 2024
FIXED INCOME MARKETS Money Markets For the most part of the week, system liquidity reported a deficit balance, with today’s balance at -₦93.57 billion from -₦964.76 billion recorded last Friday. This was despite inflows from FAAC credit. Hence, the Open…
