*|MC_PREVIEW_TEXT|*

View this email in your browser Thrifty Thursday   Market activity remains subdued as the market’s attention is in the firm grip of the incoming Infrastructure Bond. I will update on my expectations as we approach the closure of the sale period. Please do share your thoughts on how you think the auction will go. For your trading activities ahead, below is a snapshot of what is available in the secondary market for your consideration. Happy hunting!   Below are the two-way quotes for the benchmark tenors:   Indicative Two-Way Quotes - Benchmark Tenors Benchmark Tenor Bid (%) Offer (%) Mov (t-t0)% 1Yr 10.20 9.90 0.00 2Yr 11.75 11.00 0.00 5yr 13.40 13.10 0.00 10yr 13.95 13.80 0.00 15yr 14.00 13.80 0.00 20yr 14.10 13.90 0.00 25yr 14.20 14.05 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 12.00 11.45 0.00 IFB1/2016/9 (IFB10) May-25 12.00 11.45 0.00 IFB1/2015/12 (IFB8) Mar-27 12.20 12.00 0.00 IFB1/2017/12 (IFB12) Feb-29 12.00 11.00 0.00 IFB1/2016/15 (IFB11) Oct-31 13.20 12.70 0.00 IFB1/2018/15 (IFB14) Jan-33 13.60 13.20 0.00 IFB1/2018/20 (IFB15) Oct-38 13.80 13.00 0.00 IFB1/2019/25 (IFB16) Feb-44 14.00 12.90 0.00 IFB1/2019/16 (IFB17) Oct-35 13.70 13.10 0.00 IFB1/2020/9 (IFB18) Apr-29 13.00 12.70 0.00 IFB1/2020/6 (IFB19) May-26 12.30 12.00 0.00 IFB1/2020/11 (IFB20) Aug-31 13.20 12.80 0.00 IFB1/2021/16 (IFB21) Jan-37 13.75 13.00 0.00 IFB1/2021/18 (IFB22) Mar-39 13.85 13.20 0.00 IFB1/2021/21 (IFB23) Aug-42 14.00 13.30 0.00 IFB1/2022/19 (IFB24) Jan-41 13.90 13.30 0.00 IFB1/2022/18 (IFB25) May-40 13.80 13.45 0.00   Key  Interest Rates   Mov (bps) O/N Interbank 4.6364% -7.94 91 Day T-bill 9.127% 2.70 182 Day T-bill 9.678% 1.40 364 Day T-bill 9.965% 3.70 Inflation 9.60% 42.00     Attached are the bond positions available today and the IFB1/2022/14Yr Prospectus. Bond Positions Available Today Bond Prospectus - November 2022 NSE Implied Yields Inflation Data for October 2022 Trade Now View Previous Market Updates Share Tweet 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|*