President William Ruto is spending his morning at the offices of the local stock exchange, the Nairobi Securities Exchange (NSE), as they launch the NSE Market Place. This visit goes to show the importance of the stock market to the new administration. The President and his administration see the stock market as an avenue to access developmental funding for government while enabling regular citizens to access wealth generating opportunities within the stock market through its various products.
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 and best wishes for the week ahead!