Last Call
The sale period for the re-opened FXD2/2013/15Yr (5.8 years) and the FXD2/2018/15Yr (11.3 years) closes today. Bids must be at the Central Bank by 2.00 P.M. A slight tweak in my expectations as highlighted below:
- FXD2/2013/15Yr (5.8 years): average of 13.00% – 13.20%
- FXD2/2018/15Yr (11.3 years): average of 13.70% - 13.90%
Away from this, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and bidding!
|
|
| Indicative Two-Way Quotes - Benchmark Tenors |
| Benchmark Tenor |
Bid (%) |
Offer (%) |
Mov (t-t0)% |
| 1Yr |
10.20 |
10.00 |
0.00 |
| 2Yr |
11.00 |
10.55 |
0.00 |
| 5Yr |
12.50 |
12.35 |
0.00 |
| 10Yr |
13.60 |
13.50 |
0.00 |
| 15Yr |
13.90 |
13.75 |
0.00 |
| 20Yr |
13.95 |
13.80 |
0.00 |
| 25Yr |
13.95 |
13.80 |
0.00 |
|
|
| Indicative Two-Way Quotes - IFB Series |
| IFB Series |
Maturity |
Bid (%) |
Offer (%) |
Mov (t-t0)% |
| IFB1/2017/7 |
Nov-24 |
11.60 |
11.00 |
0.00 |
| IFB1/2016/9 |
May-25 |
11.50 |
11.20 |
0.00 |
| IFB1/2015/12 |
Mar-27 |
12.00 |
11.75 |
0.00 |
| IFB1/2017/12 |
Feb-29 |
12.00 |
11.00 |
0.00 |
| IFB1/2016/15 |
Oct-31 |
13.50 |
13.00 |
0.00 |
| IFB1/2018/15 |
Jan-33 |
13.10 |
12.80 |
0.00 |
| IFB1/2018/20 |
Oct-38 |
13.80 |
13.00 |
0.00 |
| IFB1/2019/25 |
Feb-44 |
13.50 |
12.90 |
0.00 |
| IFB1/2019/16 |
Oct-35 |
13.80 |
13.00 |
0.00 |
| IFB1/2020/9 |
Apr-29 |
11.40 |
11.25 |
0.00 |
| IFB1/2020/6 |
May-26 |
11.75 |
11.00 |
0.00 |
| IFB1/2020/11 |
Aug-31 |
13.75 |
13.00 |
0.00 |
| IFB1/2021/16 |
Jan-37 |
13.50 |
12.90 |
0.00 |
| IFB1/2021/18 |
Mar-39 |
13.70 |
13.00 |
0.00 |
| IFB1/2021/21 |
Aug-42 |
13.80 |
13.70 |
0.00 |
| IFB1/2022/19 |
Jan-41 |
13.80 |
13.50 |
0.00 |
| IFB1/2022/18 |
May-40 |
13.70 |
13.65 |
-0.03 |
|
|
| Key Interest Rates |
|
Mov (bps) |
| O/N Interbank |
5.3107% |
-2.53 |
| 91 Day T-bill |
8.248% |
8.10 |
| 182 Day T-bill |
9.305% |
5.20 |
| 364 Day T-bill |
9.986% |
0.60 |
| Inflation |
7.91% |
81.00 |
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