Kenya Bond Market Update: 15-Aug-2023

Published on
November 29, 2023

Final Day – The sale-period of the new 2Yr, FXD1/2023/2Yr, and the re-opened 5Yr, FXD1/2023/5Yr, closes tomorrow (16-Aug-2023) and bids must be submitted at the CBK by 10.00 A.M EAT. My expectations for this auction remain as follows:

  • FXD1/2023/2Yr: average between 17.25% – 17.35%
  • FXD1/2023/5Yr (4.9 years left): average between 17.85% - 17.95%
  • The bond prospectus is attached with all details required to submit your bids

For the day’s trading activities, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!

Kenya Bond Updates

Attached are the bond positions available today and the bond auction prospectus for August 2023.

  1. Bond Positions
  2. Bond Action Prospectus for August 2023