Kenya Bond Market Update: 13 October 2021

Published on
October 14, 2021
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Midweek Chilling

 

Secondary market activity pretty low this week despite an improvement in liquidity as advised by the drop in the o/n lending rates.

For your plays today, below is a snapshot of what is available within the secondary market.

Happy hunting!

 
 
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 11.45 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 5.4439% -57.66
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

 
Bond Positions Available Today
Trade Now


MATHANGANI KARIUKI


Director | Bespoke Securities

Director, Interest Rates | AKN Investments
http://www.akn.co.ke

+254 (0) 732472655

mathanganik@bespokesecurities.co.ke
mathangani@akn.co.ke

Eikon Messenger: mathanganik@bespokesecurities.co.ke
 
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