FINANCIAL MARKETS TODAY – 24 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved further today to ₦951.51 billion, up from ₦712.07 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) declined by 175…
FINANCIAL MARKETS WEEKLY – 21 JUNE 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity started the week with a surplus balance on Wednesday, mainly due to the early FAAC inflows. However, liquidity decreased to a negative balance…
FINANCIAL MARKETS TODAY – 20 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened short at -₦532.03 billion, down from ₦768.39 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 265 bps to 23.71%,…
FINANCIAL MARKETS TODAY – 19 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positive today at ₦768.39 billion, up from ₦132.75 billion reported last week Friday. Nevertheless, the Open Repo Rate (OPR) rose by 73…
INFLATION WATCH – MAY 2024
Inflation Watch – Consumer Prices in Nigeria Bites Harder. In May, Nigeria’s headline inflation reached a new high at 33.95% year-on-year, up from 33.69% in April 2024 (Bloomberg’s estimate: 34.10%),…
FINANCIAL MARKETS WEEKLY – 14 JUNE 2024
FIXED INCOME MARKETS MONEY MARKETS Throughout the week, system liquidity remained negative, except for today, Friday. System liquidity opened at ₦132.75 billion, compared to -₦90.43 billion last week. The Open…
FINANCIAL MARKETS TODAY – 13 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained negative at -₦187.63 billion, an improvement from the -₦261.96 billion reported on Tuesday. Overall, the Open Repo Rate (OPR) rose by 61…
FINANCIAL MARKETS TODAY – 11 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in deficit today at -₦261.96 billion, lower than the -₦212.99 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 35…
FINANCIAL MARKETS TODAY – 10 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity remained in deficit today at -₦212.99 billion, lower than the -₦90.43 billion reported last week Friday. As a result, the Open Repo Rate…
AIICO EUROBOND FUND NEWSLETTER – MAY 2024
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
