FINANCIAL MARKETS TODAY – 04 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today with an opening balance of ₦1.92 billion, buoyed by late FAAC inflows from Friday. Thus, the Overnight Policy Rate (OPR) trended lower to 13.83% from 14.00% recorded in the…
FINANCIAL MARKETS TODAY – 01 July 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained short to close the week, with a deficit balance of ₦329.67 billion, lower than previous day’s balance of ca -₦325.43 billion. With the current constraint on banking liquidity, the…
AIICO MONEY MARKET FUND NEWSLETTER – JUNE 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,…
FINANCIAL MARKETS TODAY – 30 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity still lingered in negative territory, after opening with a deficit balance of ₦325.43 billion, lower than previous day’s balance of ca ₦272.60 billion short. However, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 29 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦272.60 billion, significantly lower than previous day’s balance of ca ₦35.71 billion short. With no record of significant inflows, the Open Buy Back (OBB) and…
FINANCIAL MARKETS TODAY – 28 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦35.71 billion, lower than the previous day’s balance of ca -₦4.99 billion. Thus, the Overnight Policy Rate (OPR) trended higher to 14.00% from 13.75% recorded…
FINANCIAL MARKETS TODAY – 27 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a deficit balance of ca -₦4.99 billion, higher than Friday’s opening balance of ca -₦445.44 billion, due to FAAC inflows. Thus, the Overnight Policy Rate (OPR) declined to…
FINANCIAL MARKETS TODAY – 24 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit balance of ₦445.44 billion, significantly lower than yesterday’s opening of ca ₦335.64 billion short. In addition, the CBN retail FX auction which held today, ensured Open…
FINANCIAL MARKETS TODAY – 23 June 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to 13.83% and 14.00% from 14.00% and 14.13%, recorded the previous day. However, we expect the rates to remain at elevated levels closing the week,…
FINANCIAL MARKETS TODAY – 22 June 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity further tightened today, opening with a deficit balance of – ₦328.81 billion, lower than previous day’s opening of ca – ₦85.96 billion, due to the FGN bond suction settlement that…
