Kenya Bond Market Update: 11-Aug-2023

Published on
November 29, 2023

Fab Friday – Interest in T-bills bounced back this week on the back of improved liquidity levels and a healthy portion of incoming maturities. The CBK managed to lock in KES 47.813Bn in bids with interest remaining heavily skewed towards the 91D T-bill as investors continue to favour shorter-dated instruments. The 182D T-bill saw the biggest jump in rates as it moved up 88bps to create a hump in the T-bill yield curve as it surpassed the rates of both the 91D and the longer 364D T-bill. Attached are the results in full for your perusal. The interbank rate continued its downward trajectory as captured below. Below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and enjoy the weekend ahead!

Kenya Bond Updates

Attached are the bond positions available today, the T-bill auction results and the bond auction prospectus for August 2023.

  1. Bond Positions
  2. T-bill Auction Results
  3. Bond Auction Prospectus for August 2023