FINANCIAL MARKETS TODAY – 14 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦23.43billion long from ₦ 259.73 billion recorded on Friday, because of the retail FX auction and CRR debits that took place last week. However, Overnight Policy…
FINANCIAL MARKETS TODAY – 10 June 2022
FIXED INCOME MARKET Money Markets Opening Interbank system liquidity improved significantly to ₦259.73billion from ₦ 87.17 billion recorded yesterday, due to late Retail FX auction refunds. However, today’s Retail FX intervention provisioning caused the…
FINANCIAL MARKETS TODAY – 09 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity printed lower at ₦87.17 billion compared to ₦149.69 billion recorded yesterday, due to NTB auction debits. Nonetheless, Overnight Policy Rate (OPR) and Overnight (ON) rate declined to 6.50% and…
FINANCIAL MARKETS TODAY – 08 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher at N149.69 billion vs ₦25.50 billion recorded yesterday. Despite the improvement in system liquidity, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 7.50% and 8.33%…
FINANCIAL MARKETS TODAY – 07 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ₦25.50 billion long, compared to ₦178.50 billion recorded yesterday. Consequently, Overnight Policy Rate (OPR) and Overnight (ON) rate rose to 6.75% and 7.50%…
FINANCIAL MARKETS TODAY – 06 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week lower, with a credit balance of ₦178.50 billion compared to Friday’s opening balance of c. ₦347.91 billion. Thus, Overnight Policy Rate (OPR) and Overnight (ON) rate settled at…
FINANCIAL MARKETS TODAY – 03 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity declined significantly by c.₦234.23 billion from yesterday’s figure to print at ₦283.71 billion, following another round of CRR debits. Consequently, the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 2 June 2022
FIXED INCOME MARKET Money Markets Opening system liquidity improved today with a credit balance of ₦537.94 billion, compared to yesterday’s opening figure of c.₦463.39 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rate declined to…
AIICO MONEY MARKET FUND NEWSLETTER – MAY 2022
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing in money market securities,…
AIICO BALANCED FUND NEWSLETTER – MAY 2022
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…
