Kenya Bond Market Update: 03-Mar-2023

Published on
April 21, 2023

Weekend Loading - There was an increase in interest in the T-bill space after last week’s under-subscription. The CBK received KES 32.699Bn in bids but only accepted KES23.785Bn. The CBK rejected a significant portion of the 91D T-bill bids as they looked to limit the push for higher rates by investors. Attached are the results in full for your perusal.

Away from this, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!

Below are the two-way quotes for the benchmark tenors:

Kenya Bond Market - Benchmark

Below are details of the two-way quotes for the infrastructure bonds and the key rates:

Kenya Bond Market - IFB series

Attached are the bond positions available today, T-bill auction results and the IFB1/2023/17Yr Bond Prospectus.

  1. Bond Position
  2. T-bill Auction
  3. FB1/2023/17Yr Bond Prospectus