Kenya Bond Market Update: 20-Mar-2023

Published on
April 21, 2023

Peaceful Monday – The IFB1/2023/17Yr Tap Sale closed on Friday, and the market locked in an additional KES 12.712Bn worth of the bond. This, however, fell short of the KES 20bn target set by the CBK. Attached are the results in full for your perusal.

For your other trading activities for the day, Attached is the CBK weekly report to assist in your reading of the market while updated benchmark Yield Curve levels are ready for your perusal on the attached pricelist. I have also attached the NSE Implied Yields for the NSE’s valuations of all the treasuries.

To bring it all together, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!

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 NSE Implied Yields, the CBK Weekly Report, the IFB1/2023/17Yr Tap Sale Results and the April 2023 Bond Auction prospectus.

  1. Bond Positions
  2. NSE Implied Yields
  3. CBK Weekly Report
  4. IFB1/2023/17Yr Tap Sale Results
  5. April 2023 Bond Auction