Tuesday, but Monday
A bit of confusion as to how today feels given the long weekend we had here in Kenya.
Linked is the CBK weekly report to assist in your reading of the market and updated benchmark Yield Curve levels are to be found on the linked pricelist. I have also linked the NSE Implied Yields for the NSE valuations of all the bonds.
For the rest of your plays, below is a snapshot of what is at play within the secondary market.
|
|
| Indicative Two-Way Quotes - Benchmark Tenors |
| Benchmark Tenor |
Bid (%) |
Offer (%) |
Mov (t-t0)% |
| 1Yr |
8.00 |
7.50 |
0.00 |
| 2Yr |
9.10 |
9.00 |
0.00 |
| 5yr |
11.20 |
11.00 |
0.00 |
| 10yr |
12.20 |
12.10 |
0.00 |
| 15yr |
12.90 |
12.65 |
0.00 |
| 20yr |
13.40 |
13.35 |
0.00 |
| 25yr |
13.80 |
13.75 |
0.00 |
|
|
| Indicative Two-Way Quotes - IFB Series |
| IFB series |
Maturity |
Bid (%) |
Offer (%) |
Mov (t-t0)% |
| IFB1/2017/7 (IFB13) |
Nov-24 |
9.20 |
8.75 |
0.00 |
| IFB1/2016/9 (IFB10) |
May-25 |
9.20 |
8.75 |
0.00 |
| IFB1/2015/12 (IFB8) |
Mar-27 |
9.50 |
9.00 |
0.00 |
| IFB1/2017/12 (IFB12) |
Feb-29 |
10.80 |
10.60 |
0.00 |
| IFB1/2016/15 (IFB11) |
Oct-31 |
11.10 |
10.95 |
0.00 |
| IFB1/2018/15 (IFB14) |
Jan-33 |
11.35 |
11.25 |
0.00 |
| IFB1/2018/20 (IFB15) |
Oct-38 |
12.00 |
11.70 |
0.00 |
| IFB1/2019/25 (IFB16) |
Feb-44 |
12.50 |
12.10 |
0.00 |
| IFB1/2019/16 (IFB17) |
Oct-35 |
12.00 |
11.75 |
0.00 |
| IFB1/2020/9 (IFB18) |
Apr-29 |
10.95 |
10.80 |
0.00 |
| IFB1/2020/6 (IFB19) |
May-26 |
9.30 |
9.00 |
0.00 |
| IFB1/2020/11 (IFB20) |
Aug-31 |
11.10 |
10.95 |
0.00 |
| IFB1/2021/16 (IFB21) |
Jan-37 |
12.00 |
11.85 |
0.00 |
| IFB1/2021/18 (IFB22) |
Mar-39 |
12.30 |
12.05 |
0.00 |
| IFB1/2021/21 (IFB23) |
Aug-42 |
12.55 |
12.45 |
0.00 |
|
|
| Key Interest Rates |
|
Mov (bps) |
| O/N Interbank |
6.0205% |
-8.58 |
| 91 Day T-bill |
6.935% |
4.00 |
| 182 Day T-bill |
7.316% |
3.40 |
| 364 Day T-bill |
8.028% |
7.90 |
| Inflation |
6.91% |
34.00 |
|
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