Kenya Bond Market Update: 20 July 2023

Published on
July 20, 2023
*|MC:SUBJECT|*
View this email in your browser

Pretend Friday

 
The Tap Sale for the recently auctioned FXD1/2016/10Yr and FXD1/2023/5Yr is still on and attached is the prospectus with all the required details to assist your bidding process. For your trading activities for the day ahead, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and tapping!
 
Below are the two-way quotes for the benchmark tenors:
 
Indicative Two-Way Quotes - Benchmark Tenors
Benchmark Tenor Bid (%) Offer (%) Mov (t-t0)%
1Yr 12.65 12.25 0.00
2Yr 16.00 15.00 0.00
5yr 16.90 16.60 0.00
10yr 16.00 15.00 0.00
15yr 16.00 15.00 0.00
20yr 16.00 15.00 0.00
25yr 16.00 15.00 0.00
 

Below are details of the two-way quotes for the infrastructure bonds and the key rates:
 
Indicative Two-Way Quotes - IFB Series
IFB series Maturity Bid (%) Offer (%) Mov (t-t0)%
IFB1/2017/7 (IFB13) Nov-24 12.60 12.00 0.00
IFB1/2016/9 (IFB10) May-25 13.20 12.60 0.00
IFB1/2015/12 (IFB8) Mar-27 13.30 13.00 0.00
IFB1/2017/12 (IFB12) Feb-29 13.80 13.00 0.00
IFB1/2016/15 (IFB11) Oct-31 14.00 13.00 0.00
IFB1/2018/15 (IFB14) Jan-33 14.50 14.10 0.00
IFB1/2018/20 (IFB15) Oct-38 15.50 14.00 0.00
IFB1/2019/25 (IFB16) Feb-44 16.50 16.00 0.20
IFB1/2019/16 (IFB17) Oct-35 14.50 13.80 0.00
IFB1/2020/9 (IFB18) Apr-29 13.75 13.50 0.00
IFB1/2020/6 (IFB19) May-26 13.00 12.00 0.00
IFB1/2020/11 (IFB20) Aug-31 14.50 14.10 0.00
IFB1/2021/16 (IFB21) Jan-37 15.50 14.50 0.00
IFB1/2021/18 (IFB22) Mar-39 15.70 14.50 0.00
IFB1/2021/21 (IFB23) Aug-42 16.50 15.00 0.00
IFB1/2022/19 (IFB24) Jan-41 15.50 14.50 0.00
IFB1/2022/18 (IFB25) May-40 15.70 15.50 0.00
IFB1/2022/14 (IFB26) Oct-36 15.50 14.50 0.00
IFB1/2022/6 (IFB27) Nov-28 13.30 13.20 0.00
IFB1/2023/17 (IFB28) Feb-40 15.50 14.50 0.00
IFB1/2023/7 (IFB29) Jun-30 15.40 15.25 -0.03
 
Key  Interest Rates   Mov (bps)
O/N Interbank 9.2429% 28.07
91 Day T-bill 12.109% 9.50
182 Day T-bill 12.271% 7.20
364 Day T-bill 12.452% 20.20
Central Bank Rate (CBR) 10.50% 100.00
Inflation 7.90% -10.00
 
Attached are the bond positions available today and the July Tap-Sale Prospectus.
 
Bond Positions
July Tap-Sale Prospectus
Trade Now
View Previous Market Updates
Share Share
Tweet Tweet
Share Share
Copyright © 2022 Bespoke Securities Limited, All Rights Reserved.






This email was sent to *|EMAIL|*
why did I get this?    unsubscribe from this list    update subscription preferences
*|LIST:ADDRESSLINE|*

*|REWARDS|*