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:
Below are details of the two-way quotes for the infrastructure bonds and the key rates:
Attached are the bond positions available today, T-bill auction results and the IFB1/2023/17Yr Bond Prospectus.