Kenya Bond Market Update: 29 December 2021

Published on
December 29, 2021
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Last Hump



Make this last hump count!

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 9.20 8.80 0.00
2Yr 10.30 10.00 0.10
5yr 11.40 11.325 -0.05
10yr 12.70 12.55 0.00
15yr 13.00 12.80 0.00
20yr 13.50 13.30 0.00
25yr 13.70 13.60 0.00
 
Indicative Two-Way Quotes - IFB Series
IFB series Maturity Bid (%) Offer (%) Mov (t-t0)%
IFB1/2017/7
(IFB13)
Nov-24 9.90 9.50 0.00
IFB1/2016/9
(IFB10)
May-25 10.00 9.60 0.00
IFB1/2015/12
(IFB8)
Mar-27 10.00 9.35 0.00
IFB1/2017/12
(IFB12)
Feb-29 10.80 10.60 0.00
IFB1/2016/15
(IFB11)
Oct-31 11.40 11.20 0.00
IFB1/2018/15
(IFB14)
Jan-33 12.20 11.80 -0.07
XIFB1/2018/20
(IFB15)
Oct-38 12.00 11.80 0.00
IFB1/2019/25
(IFB16)
Feb-44 12.50 12.15 0.00
IFB1/2019/16
(IFB17)
Oct-35 12.40 12.10 0.00
IFB1/2020/9
(IFB18)
Apr-29 11.10 10.90 0.10
IFB1/2020/6
(IFB19)
May-26 10.00 9.70 0.00
IFB1/2020/11
(IFB20)
Aug-31 12.00 11.70 -0.05
IFB1/2021/16
(IFB21)
Jan-37 12.30 12.20 -0.07
IFB1/2021/18
(IFB22)
Mar-39 12.45 12.25 0.03
IFB1/2021/21
(IFB23)
Aug-42 12.55 12.45 0.00
 
Key  Interest Rates   Mov (bps)
O/N Interbank 5.9652% 9.61
91 Day T-bill 7.264% -0.10
182 Day T-bill 7.982% 0.50
364 Day T-bill 9.265% 10.10
Inflation 5.80% -65.00

 
Bond Positions Available Today
Bond Auction Prospectus- January 2022
Trade Now

MATHANGANI KARIUKI


Director | Bespoke Securities

Director, Interest Rates | AKN Investments


+254 (0) 732472655

Eikon Messenger: 
mathanganik@bespokesecurities.co.ke
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