Kenya Bond Market Update: 02 September 2022

Published on
September 2, 2022
*|MC:SUBJECT|*
View this email in your browser

Finally Friday

 
A good showing in the T-bill auction this week points to an improvement in the liquidity levels locally. This can also explain the renewed interest within the secondary market as bids for infrastructure bonds have increased. Attached are the T-bill results for your perusal and below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!
 
Indicative Two-Way Quotes - Benchmark Tenors
Benchmark Tenor Bid (%) Offer (%) Mov (t-t0)%
1Yr 10.20 9.90 0.00
2Yr 12.00 11.00 0.00
5Yr 13.00 12.50 0.00
10Yr 13.80 13.70 0.00
15Yr  14.00 13.90 0.00
20Yr 14.00 13.85 0.00
25Yr 14.00 13.85 0.00
 
Indicative Two-Way Quotes - IFB Series
IFB Series Maturity Bid (%) Offer (%) Mov (t-t0)%
IFB1/2017/7 Nov-24 11.75 11.30 0.00
IFB1/2016/9 May-25 11.75 11.30 0.00
IFB1/2015/12 Mar-27 12.20 11.80 0.00
IFB1/2017/12 Feb-29 12.00 11.00 0.00
IFB1/2016/15 Oct-31 13.20 12.70 0.00
IFB1/2018/15 Jan-33 13.40 12.80 0.00
IFB1/2018/20 Oct-38 13.50 13.00 0.00
IFB1/2019/25 Feb-44 13.50 12.90 0.00
IFB1/2019/16 Oct-35 13.50 13.00 0.00
IFB1/2020/9 Apr-29 11.40 11.25 0.00
IFB1/2020/6 May-26  11.75 11.00 0.00
IFB1/2020/11 Aug-31 13.40 12.75 0.00
IFB1/2021/16 Jan-37 13.40 13.00 0.00
IFB1/2021/18 Mar-39 13.50 13.00 0.00
IFB1/2021/21 Aug-42 13.55 13.30 0.00
IFB1/2022/19 Jan-41 13.50 13.20 0.00
IFB1/2022/18 May-40 13.40 13.20 -0.07
 
Key Interest Rates   Mov (bps)
O/N Interbank 4.9048% -9.83
91 Day T-bill 8.860% 9.30
182 Day T-bill 9.576% 4.40
364 Day T-bill 9.876% -3.40
Inflation 8.53% 21.00

 
Bond Positions Available Today
T-Bill Auction Results
Bond Auction Prospectus - September 2022
Trade Now
View Previous Market Updates
Share Share
Tweet Tweet
Share Share
Copyright © 2022 Bespoke Securities Limited, All Rights Reserved.






This email was sent to *|EMAIL|*
why did I get this?    unsubscribe from this list    update subscription preferences
*|LIST:ADDRESSLINE|*

*|REWARDS|*