Results Thursday – I currently have on sale a crystal ball in case anyone would be interested! The FXD1/2023/3Yr results came in as follows:
· Average: 14.2228%
· Subscription: KES 20.293Bn in bids accepted from a total of KES 20.744Bn in bids received
All in all, I can score myself a 50% with regards to my predictions as I got the subscription right, but was slightly off in my prediction of the rate. I will be better prepared for the next one.
For your plays today, below is a snapshot of what is at play within the secondary market. Happy hunting!
Below are the two-way quotes for the benchmark tenors, two-way quotes for the infrastructure bonds and the key rates:
Attached are the bond positions available today and the FXD1/2023/3Yr bond auction results.