FINANCIAL MARKETS WEEKLY – 12 APRIL 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity fell by 80.59% week-on-week, from ₦347.14 billion last week, to ₦67.38 billion today. Consequently, the Open Repo Rate (OPR) increased by 756…
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FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity fell by 80.59% week-on-week, from ₦347.14 billion last week, to ₦67.38 billion today. Consequently, the Open Repo Rate (OPR) increased by 756…
FIXED INCOME MARKETS MONEY MARKETS Today, the opening system liquidity experienced a decline, dropping to -₦48.40 billion compared to the ₦347.05 billion reported last Friday. As a result, both the…
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…
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…
Global Macroeconomic Review United States: In February, consumer prices in the United States surpassed expectations, rising to 3.20% year-on-year (Est. 3.10%) from 3.10% in January 2024. Core CPI, which excludes…
FIXED INCOME MARKETS MONEY MARKETS At the beginning of the week, the liquidity in the system showed a positive trend, although it briefly turned into a deficit after a significant…
FIXED INCOME MARKETS MONEY MARKETS Following the settlement of the OMO auction, system liquidity experienced a shortfall, leading to a decrease of 206.44% to -₦599.05 billion from ₦562.79 billion recorded…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity saw a significant increase of +437.99%, rising from ₦104.61 billion reported yesterday to ₦562.79 billion today. However, both the Open Repo Rate…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity showed a significant improvement, increasing by 130.83% from ₦45.32 billion last Thursday to ₦104.61 billion today. Consequently, the Open Repo Rate dropped…
FIXED INCOME MARKETS MONEY MARKETS At the end of the week, system liquidity remained in positive territory, despite c.₦1.19 trillion deducted from the system for NTB auction settlement. To provide…