Kenya Bond Market Update: 17-Mar-2023

Published on
April 21, 2023

Last Chance to Tap – Today is your final chance to get involved in the IFB1/2023/17Yr TAP Sale. To help you submit your bid, attached is the prospectus with all the necessary details. The CBK has published the bond prospectus for April 2023. A busy auction ahead as the CBK has on offer three options, all re-openings, as summarized below:

·         FXD2/2018/10Yr (5.8 years): in a bid to secure KES 20Bn

·         FXD1/2022/03Yr (2.1 years) & FXD1/2019/15Yr (10.9 years): in a bid to secure KES 30bn

·         The auction will be held on separate dates within April as per the split above

·         Attached is the bond prospectus that all the necessary details of this auction

For your other trading activities for the day, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and last minute tapping!

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, the IFB1/2023/17Yr Tap Sale Prospectus and the April 2023 Bond Auction prospectus.

  1. Bond Positions
  2. IFB1/2023/17Yr Tap Sale Prospectus
  3. April 2023 Bond Auction prospectus
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