No Curfew Thursday
Manifesting that secondary market activity mirrors that of Kenyan roads at night now that the curfew has been lifted. As Kenyans trade night spots, so will bond holders trade their positions.
Activity remains subdued but as always, below is a snapshot of what is at play 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 |
13.45 |
13.35 |
0.00 |
| 25yr |
13.85 |
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 |
11.00 |
0.00 |
IFB1/2018/15
(IFB14) |
Jan-33 |
11.45 |
11.25 |
0.00 |
IFB1/2018/20
(IFB15) |
Oct-38 |
12.00 |
11.65 |
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 |
10.85 |
-0.03 |
IFB1/2021/16
(IFB21) |
Jan-37 |
12.20 |
12.00 |
0.00 |
IFB1/2021/18
(IFB22) |
Mar-39 |
12.30 |
12.00 |
0.00 |
IFB1/2021/21
(IFB23) |
Aug-42 |
12.60 |
12.50 |
0.00 |
|
|
| Key Interest Rates |
|
Mov (bps) |
| O/N Interbank |
4.4814% |
19.77 |
| 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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