Monthly Financial Market Update – October 2023
Global Macroeconomic Review In the latest World Economic Outlook, the International Monetary Fund (IMF) expects the global economy to grow at a slower pace due to the impact of the…
AIICO MONEY MARKET FUND NEWSLETTER – October 2023
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…
FINANCIAL MARKETS WEEKLY – 03 November 2023
FIXED INCOME MARKETS Money Markets System liquidity was impacted by CRR debit and OMO auction funding this week. Accordingly, liquidity declined by 58.26% from ₦894.18 billion to ₦354.46 billion this…
FINANCIAL MARKETS WEEKLY – 27 October 2023
FIXED INCOME MARKETS Money Markets System liquidity improved this week, due to bond coupon inflows and FAAC credits. Contextually, liquidity increased by 244.49% from ₦246.50 billion to ₦849.18 billion this…
FINANCIAL MARKETS TODAY –03 October 2023
FIXED INCOME MARKETS Money Market Opening system liquidity significantly increased today from ₦405.20 billion last week Friday to ₦823.07 billion today. Unsurprisingly, the Open Repo Rate (OPR) and the Overnight…
FINANCIAL MARKETS TODAY –26 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity weakened further by c. 26.28% from ₦47.72 billion yesterday to ₦35.18 billion today. Thus, the Open Repo Rate (OPR) soared by 500bps…
FINANCIAL MARKETS TODAY –25 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity fell by c. 27.31% from ₦65.64 billion on Friday to ₦47.72 billion today. In response, the Open Repo Rate (OPR) widened by…
FINANCIAL MARKETS TODAY –21 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity fell by 21.56% from yesterday’s balance but stayed positive. For context, system liquidity opened at ₦181.17 billion long, from ₦230.96 billion long…
FINANCIAL MARKETS TODAY –20 September 2023
FIXED INCOME MARKETS Money Market Today, there was a surge in system liquidity, boasting a noteworthy ₦230.96 billion surplus, a stark contrast to the ₦41.43 billion deficit observed just yesterday.…
FINANCIAL MARKETS TODAY –19 September 2023
FIXED INCOME MARKETS Money Market System liquidity opened the trading session on a negative footing at c.-₦41.43 billion, in contrast to the ₦110.77 billion registered yesterday. The Open Repo Rate…
