A Happy Tap
The CBK managed to surpass its KES 10Bn target for the Tap-Sale as they locked in KES 18.021Bn. The market favoured the shorter bond, FXD1/200/5Yr, and attached are the results with all details available for your perusal.
To get this week started, attached is the CBK weekly report to assist in your reading of the market while updated benchmark Yield Curve levels are ready for your perusal on the attached pricelist. I have also attached the NSE Implied Yields for the NSE’s valuations of all the treasuries. To bring it all together, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting and best wishes for the week ahead!