*|MC_PREVIEW_TEXT|*

View this email in your browser Finally Friday   A successful outing for the CBK as they surpass another target for the week in the T-bill space. Again, the interest in the T-bills remains pegged on the incoming maturities and given the heavy maturities in play, the CBK managed to lock in KES 61.169Bn from the auction. Interest also remains heavily skewed towards the shortest T-bill, the 91D. Attached are the results in full for your perusal. Below is a snapshot of what is at play within the secondary market post these auction results. Happy hunting and enjoy the weekend ahead!   Below are the two-way quotes for the benchmark tenors:   Indicative Two-Way Quotes - Benchmark Tenors Benchmark Tenor Bid (%) Offer (%) Mov (t-t0)% 1Yr 15.40 15.10 0.00 2Yr 17.60 17.40 0.00 5yr 18.00 17.70 0.00 10yr 17.00 16.50 0.00 15yr 16.50 16.00 0.00 20yr 16.50 16.00 0.00 25yr 16.50 16.00 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 13.50 13.00 0.00 IFB1/2016/9 (IFB10) May-25 13.50 13.00 0.00 IFB1/2015/12 (IFB8) Mar-27 14.50 14.00 0.00 IFB1/2017/12 (IFB12) Feb-29 16.00 15.00 0.00 IFB1/2016/15 (IFB11) Oct-31 16.00 15.50 0.00 IFB1/2018/15 (IFB14) Jan-33 15.50 15.00 0.00 IFB1/2018/20 (IFB15) Oct-38 15.50 15.00 0.00 IFB1/2019/25 (IFB16) Feb-44 16.50 16.00 0.00 IFB1/2019/16 (IFB17) Oct-35 15.50 15.20 0.00 IFB1/2020/9 (IFB18) Apr-29 14.75 14.50 0.00 IFB1/2020/6 (IFB19) May-26 13.50 12.75 0.00 IFB1/2020/11 (IFB20) Aug-31 15.50 15.00 0.00 IFB1/2021/16 (IFB21) Jan-37 16.00 15.50 0.00 IFB1/2021/18 (IFB22) Mar-39 16.00 15.50 0.00 IFB1/2021/21 (IFB23) Aug-42 16.50 16.00 0.00 IFB1/2022/19 (IFB24) Jan-41 16.50 15.50 0.00 IFB1/2022/18 (IFB25) May-40 16.50 15.50 0.00 IFB1/2022/14 (IFB26) Oct-36 16.50 15.50 0.00 IFB1/2022/6 (IFB27) Nov-28 13.70 13.30 0.00 IFB1/2023/17 (IFB28) Feb-40 16.50 15.50 0.00 IFB1/2023/7 (IFB29) Jun-30 16.20 15.90 0.00 IFB1/2023/6.5 (IFB30) May-30 17.90 17.80 0.20   Key  Interest Rates   Mov (bps) O/N Interbank 11.3396% -19.89 91 Day T-bill 15.2867% 10.04 182 Day T-bill 15.4057% 13.43 364 Day T-bill 15.6151% 17.60 Central Bank Rate (CBR) 10.50% 0.00 Inflation 6.90% 10.00   Attached are the bond positions available today and this week’s T-bill auction results.   Bond Positions T-bill Auction Results 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|*