AIICO MONEY MARKET FUND NEWSLETTER -DECEMBER 2021
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 – 04 January 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity began the year with a credit balance of ca ₦252.22 billion, an increase from Friday’s balance of ca ₦16.06 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower…
FINANCIAL MARKETS TODAY – 31 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved to open with a credit balance of ca ₦16.06 billion, higher than yesterday’s deficit balance of ca -₦2.23 billion. Thus, the Overnight Policy Rate (OPR) remained unchanged at 10.00%…
FINANCIAL MARKETS TODAY – 30 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the day with a deficit balance of ca -₦2.23 billion, lower than yesterday’s opening balance of ca ₦185.14 billion due to the funding provisions for the NTB and Sukuk bond auction debits.…
FINANCIAL MARKETS TODAY – 29 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity remains elevated, to open with a credit balance of ca ₦185.14 billion lower than Friday’s balance of ca ₦350.48 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 24 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, to open with a credit balance of ca ₦350.48 billion higher than yesterday’s balance of ca -₦309.40 billion due to FAAC inflows. However, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 23 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered further today, opening with a deficit balance of ca -₦309.40 billion significantly lower than yesterday’s balance of ca -₦1.25 billion. Nonetheless, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 22 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of ca -₦1.25 billion, lower than yesterday’s opening balance of ca ₦55.20 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 20 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦30.57 billion, a slight improvement from Friday’s deficit balance of ca -₦24.36 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON)…
INFLATION WATCH – NOVEMBER 2021
Nigeria’s Headline Inflation Figures: Sustained downward Trajectory The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s Eighth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures…
