FINANCIAL MARKETS TODAY – 12 August 2021
FIXED INCOME MARKET Money Markets System liquidity eased slightly today, nevertheless, opening with a deficit of ca -₦40.34 billion today, better than the previous day’s opening of ca -₦117.48 billion. Despite the funding needs ensuing from the NTB…
FINANCIAL MARKETS TODAY – 11 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system slipped into a deficit to open at ca -₦117.48 billion, significantly lower than the previous day’s opening of ca ₦133.77 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 10 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system improved today (buoyed by OMO maturities of ₦80bn), opening with a balance of ca ₦133.77 billion, higher than the previous day’s opening of ca ₦26.27 billion. Thus, the Open Buy Back (OBB)…
Monthly Financial Market Update – July 2021
Macroeconomic Review: External Reserves Rise as Oil Prices Remain on the Uptrend Global crude oil prices maintained an upward trajectory in July, with Brent crude gaining ca +1.60% M-o-M to trade at $76.33pb while West Texas Intermediate crude (WTI) also…
FINANCIAL MARKETS TODAY – 09 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system opened the first trading day of the week, with a balance of ca ₦26.27 billion, lower than Friday’s opening of ca ₦364.78 billion. However, the Open Buy Back (OBB) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 06 August 2021
System Liquidity improved today, opening with a balance of ca ₦364.78 billion, higher than the previous day’s opening of ca ₦107.27 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 20.00% and 20.50% from 5.25% and…
FINANCIAL MARKETS TODAY – 05 August 2021
System Liquidity eased slightly today, opening with a balance of ca ₦107.27 billion, lower than the previous day’s opening of ca ₦155.00 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 5.25% and 5.50% from 8.50% and…
AIICO MONEY MARKET FUND NEWSLETTER – JULY 2021
AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Networth Clients(HNC) for the purpose of investing in money market securities, designed to…
FINANCIAL MARKETS TODAY – 04 August 2021
System Liquidity improved slightly today, opening with a balance of ca ₦155.00 billion, higher than the previous day’s opening of ca ₦138.55 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 8.50% and 9.00% from 7.50%…
AIICO BALANCED FUND NEWSLETTER – JULY 2021
Overview AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments, and both Quoted and Unquoted equities. Fund Performance The domestic bourse closed trading activities for July with a positive…