FINANCIAL MARKETS WEEKLY – 13 October 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity fell by 15.97% to ₦448.75 billion today, from ₦532.88 billion last week Friday. The Open Repo Rate (OPR) remained unchanged at 1.00%,…
AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
FIXED INCOME MARKETS Money Markets Opening system liquidity fell by 15.97% to ₦448.75 billion today, from ₦532.88 billion last week Friday. The Open Repo Rate (OPR) remained unchanged at 1.00%,…
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…
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…
Global Macroeconomic Review Among major headlines, the global crude oil market was at the spotlight for the most part of September. The OPEC+ giants, Saudi Arabia and Russia, announced voluntary…
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦532.88 billion today, despite the CRR debit that nearly dampened the FAAC-enhanced liquidity during the week. In percentage terms, liquidity…
FIXED INCOME MARKETS Money Market Following some statutory CRR deductions, the opening system liquidity declined by 55.62% to ₦572.69 billion from ₦1.29 trillion yesterday. Nonetheless, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate…
FIXED INCOME MARKETS Money Markets Throughout the week, system liquidity remained predominantly positive. Today, It was buoyed by the FAAC monthly credit injection, as opening system liquidity soared by 517.30%…
FIXED INCOME MARKETS Money Markets System liquidity staggered around the positive territory, due to support from coupon inflows. It improved to ₦65.64bn long from -₦317.53bn recorded last week Friday. Consequently,…
Inflation Watch – August’23 Inflation at 25.80% y/y Nigeria’s inflation for August increased to 25.80% y/y, from 24.08% y/y in July 2023, adding 1.72 percentage points between July and August…