FINANCIAL MARKETS TODAY – 15 November 2021
MACROECONOMIC UPDATE The domestic inflation rate in October printed at 15.99% year-on-year, which showed a further decline from 16.63% recorded in September 2021, as indicated in the reports released by the National Bureau of Statistics. The sustained…
FINANCIAL MARKETS TODAY – 12 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved to open with a balance of ca ₦460.88 billion, higher than previous day’s opening balance of ₦337.48 billion.…
FINANCIAL MARKETS TODAY – 11 November 2021
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 10 November 2021
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 09 November 2021
449.22 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to 2.67% and 3.33% from 4.75% and 5.25% respectively, the previous day.
FINANCIAL MARKETS TODAY – 08 November 2021
Interbank system liquidity improved significantly to open with a balance of ca ₦449.22 billion, higher than Friday’s opening balance of ₦41.80 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to 4.75% and 5.25% from…
FINANCIAL MARKETS TODAY – 05 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity further weakened with a credit balance of ca ₦41.80 billion, lower than the previous day’s opening of ca ₦128.63 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 04 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦128.63 billion, slightly lower than the previous day’s opening of ca ₦136.64 billion. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 03 November 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slightly eased today, opening with a credit balance of ca ₦136.64 billion, lower than the previous day’s opening of ca ₦191.95 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates…
AIICO MONEY MARKET FUND NEWSLETTER -OCTOBER 2021
AIICO Money Market Fund recorded a net yield of 9.88% p.a in October 2021, slightly lower than previous month’s closing yield of 10.08% p.a. Nevertheless, outperforming its benchmark’s average yield of 2.52%. This comes off the back of investment in high…
