Kenya Bond Market Update: 08 December 2021

Published on
December 8, 2021
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As is the case every month, things go quiet as the market sits backs and waits for the bond auction results to be released by the CBK. Either way, the secondary market must be recognized and to avoid it being ignored, below is a snapshot of what is at play for your consideration. Happy hunting and good luck with the auction results!
 
Indicative Two-Way Quotes - Benchmark Tenors
Benchmark Tenor Bid (%) Offer (%) Mov (t-t0)%
1Yr 9.20 8.80 0.00
2Yr 9.90 9.70 0.00
5yr 11.35 11.25 0.00
10yr 12.50 12.20 0.00
15yr 13.00 12.80 0.00
20yr 13.50 13.30 0.00
25yr 13.75 13.65 0.00
 
Indicative Two-Way Quotes - IFB Series
IFB series Maturity Bid (%) Offer (%) Mov (t-t0)%
IFB1/2017/7
(IFB13)
Nov-24 9.90 9.50 0.00
IFB1/2016/9
(IFB10)
May-25 10.00 9.60 0.00
IFB1/2015/12
(IFB8)
Mar-27 10.00 9.35 0.00
IFB1/2017/12
(IFB12)
Feb-29 10.80 10.60 0.00
IFB1/2016/15
(IFB11)
Oct-31 11.40 11.20 0.00
IFB1/2018/15
(IFB14)
Jan-33 11.80 11.60 0.00
XIFB1/2018/20
(IFB15)
Oct-38 12.00 11.80 0.00
IFB1/2019/25
(IFB16)
Feb-44 12.50 12.15 0.00
IFB1/2019/16
(IFB17)
Oct-35 12.30 12.00 -0.07
IFB1/2020/9
(IFB18)
Apr-29 11.20 11.00 0.00
IFB1/2020/6
(IFB19)
May-26 10.00 9.70 0.00
IFB1/2020/11
(IFB20)
Aug-31 11.80 11.60 0.00
IFB1/2021/16
(IFB21)
Jan-37 12.40 12.20 0.00
IFB1/2021/18
(IFB22)
Mar-39 12.46 12.20 0.00
IFB1/2021/21
(IFB23)
Aug-42 12.60 12.55 0.01
 
Key  Interest Rates   Mov (bps)
O/N Interbank 5.1016% -19.52
91 Day T-bill 7.232% 11.80
182 Day T-bill 7.854% 10.70
364 Day T-bill 9.016% 17.60
Inflation 5.80% -65.00

 
Bond Positions Available Today
Trade Now

MATHANGANI KARIUKI


Director | Bespoke Securities

Director, Interest Rates | AKN Investments


+254 (0) 732472655

Eikon Messenger: 
mathanganik@bespokesecurities.co.ke
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