Money Market Rates Rises Despite FGN Sukuk Entry

Money market rates rose significantly despite the fact that inflows from matured FGN Sukuk impacted the financial sector. Transactions remained restricted due to the market’s desire to allocate financing effectively among major players. According to AIICO Capital Limited, opening system liquidity rose on Thursday as a result of inflows from the FGN Sukuk 2024 maturity. … Continue reading Money Market Rates Rises Despite FGN Sukuk Entry