Former President Mwai Kibaki has passed away at the age of 90. His presidency was very good for the local stock market as a lot of growth and development was achieved during this time. A state funeral will take place this Friday, 29-Apr-2022, and has been declared a public holiday.
Attached is the CBK weekly report to assist in your reading of the market while updated benchmark Yield Curve levels are to be found on the attached pricelist. I have also attached the NSE Implied Yields for the NSE’s valuations of all the treasuries. Below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!