Kenya Bond Market Update: 12-May-2023

Published on
May 22, 2023

Finally Friday  – This week’s T-bill auction was significantly oversubscribed on the back of a healthy chunk of T-bills maturing. The maturities in play totaled KES 50.012Bn, of which KES 45.337Bn was rolled over into this week’s auction. The CBK accepted KES 45.285Bn of the bids submitted, with the lion’s share going to the 91D T-bill as the market’s preference remains in the shortest dated options available. Attached are the results in full for your perusal.

For your plays today, below is a snapshot of what is at play within the secondary market. Happy hunting and enjoy the weekend ahead!

Below are the two-way quotes for the benchmark tenors, two-way quotes for the infrastructure bonds and the key rates:

Kenya Bond Market

Attached are the bond positions available today and the T-bill auction results.

  1. Bond Positions
  2. T-bill Auction Results