Friday Fantastic
There was increased interest in the T-bill auction resulting from this week’s gradual improvement in liquidity levels within the local space. The CBK was however unable to lock in their targeted amount of KES 24Bn as they accepted KES 16.875Bn from a total of KES 17.838Bn in bids received.
Linked are the results in full for your perusal.
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 |
8.80 |
8.50 |
0.00 |
| 2Yr |
9.60 |
9.20 |
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 |
13.70 |
-0.03 |
|
|
| 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 |
11.00 |
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 |
11.80 |
0.00 |
| IFB1/2020/9 (IFB18) |
Apr-29 |
10.95 |
10.70 |
0.00 |
| IFB1/2020/6 (IFB19) |
May-26 |
9.30 |
9.00 |
0.00 |
| IFB1/2020/11 (IFB20) |
Aug-31 |
11.10 |
10.90 |
0.00 |
| IFB1/2021/16 (IFB21) |
Jan-37 |
12.20 |
12.00 |
0.00 |
| IFB1/2021/18 (IFB22) |
Mar-39 |
12.30 |
12.05 |
0.00 |
| IFB1/2021/21 (IFB23) |
Aug-42 |
12.55 |
12.50 |
0.00 |
|
|
| Key Interest Rates |
|
Mov (bps) |
| O/N Interbank |
3.6388% |
-150.22 |
| 91 Day T-bill |
6.952% |
1.70 |
| 182 Day T-bill |
7.428% |
11.20 |
| 364 Day T-bill |
8.225% |
19.70 |
| Inflation |
6.91% |
34.00 |
|
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