Thursday Things – The CBK has adjusted their bond auction target for this month from KES 55Bn to KES 35Bn. This should assist the CBK in mitigating the expected push for higher rates of return by investors. Attached is the updated prospectus for your perusal as you prepare your bids.
Not much else to report but as always, below is a snapshot of what is at play for your consideration in the secondary space. Happy hunting!
Attached are the bond positions available today and the bond auction prospectus for October 2023.