Kenya Bond Market Update: 19-May-2023

Published on
May 22, 2023

Finally Friday  – A quick reminder that the CBK has brought back the FXD1/2023/3Yr via a Tap-Sale in a bid to secure KES 10Bn. The sale-period closes today so please have your bids at the CBK by the 2.00 P.M deadline. Attached is the prospectus for all the required details. Attached as well are the T-bill results from this week’s auction. The auction was oversubscribed on the back of KES 48.384Bn incoming in form of maturities. The CBK managed to lock in KES 35.968Bn with the shortest bill, the 91D T-bill, remaining the market’s favourite option.  

Below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting, tapping and weekending!

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 T-bill auction results and the Tap-Sale prospectus for the FXD1/2023/3Yr.

  1. Bond Positions
  2. T-bill auction results
  3. FXD1/2023/3Yr