FINANCIAL MARKETS TODAY –04 October 2023
FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate…
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FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate…
FIXED INCOME MARKETS Money Markets Throughout the week, system liquidity remained predominantly positive. Today, It was buoyed by the FAAC monthly credit injection, as opening system liquidity soared by 517.30%…
FIXED INCOME MARKETS Money Markets System liquidity staggered around the positive territory, due to support from coupon inflows. It improved to ₦65.64bn long from -₦317.53bn recorded last week Friday. Consequently,…
Inflation Watch – August’23 Inflation at 25.80% y/y Nigeria’s inflation for August increased to 25.80% y/y, from 24.08% y/y in July 2023, adding 1.72 percentage points between July and August…
FIXED INCOME MARKETS Money Markets System liquidity stayed negative this week and worsened to -₦317.53bn today from -₦73.44 billion last week Friday. As a result, the Open Repo Rate (OPR)…
Global Macroeconomic Review The global financial landscape in August was marked by significant developments and challenges. At the outset of the month, USD-dominated assets experienced a downturn due to Fitch…
FIXED INCOME MARKETS Money Markets System liquidity hovered around ₦200.00bn levels for a major part of this week. However, it opened negative today at ₦73.44 billion short, implying a 120.77%…
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…
FIXED INCOME MARKETS Money Markets Inflows from FAAC credit boosted system liquidity by 226.00% from its negative territory last week Friday to ₦353.60 billion long. Consequently, the Open Repo Rate…
FIXED INCOME MARKETS Money Market Opening system liquidity improved to ₦339.72 billion, compared with -₦260.79 billion, recorded yesterday, bolstered by FAAC credits. As a result, the Open Repo Rate (OPR)…