Attached are the results of the T-bills and Tap Sale, both concluded yesterday. No surprises with either set of results. Below is a snapshot of what is available in the secondary space. Happy hunting and enjoy the week 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
16.60
16.30
0.00
2Yr
18.20
17.80
0.00
5yr
18.80
18.50
0.00
10yr
17.00
16.50
0.00
15yr
16.50
16.00
0.00
20yr
16.50
16.00
0.00
25yr
16.30
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
16.00
15.50
0.00
IFB1/2016/9 (IFB10)
May-25
16.00
15.75
0.00
IFB1/2015/12 (IFB8)
Mar-27
15.50
15.00
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
16.50
16.00
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
15.00
14.50
0.00
IFB1/2020/6 (IFB19)
May-26
14.50
13.75
0.00
IFB1/2020/11 (IFB20)
Aug-31
15.50
15.00
0.00
IFB1/2021/16 (IFB21)
Jan-37
17.00
16.00
0.00
IFB1/2021/18 (IFB22)
Mar-39
17.00
16.00
0.00
IFB1/2021/21 (IFB23)
Aug-42
17.00
16.00
0.00
IFB1/2022/19 (IFB24)
Jan-41
17.00
16.50
0.00
IFB1/2022/18 (IFB25)
May-40
17.00
16.50
0.00
IFB1/2022/14 (IFB26)
Oct-36
17.00
16.50
0.00
IFB1/2022/6 (IFB27)
Nov-28
17.00
16.00
0.00
IFB1/2023/17 (IFB28)
Feb-40
15.75
15.25
0.00
IFB1/2023/7 (IFB29)
Jun-30
16.50
16.00
0.00
IFB1/2023/6.5 (IFB30)
May-30
17.40
17.15
-0.13
Key Interest Rates
Mov (bps)
O/N Interbank
13.7560%
8.45
91 Day T-bill
16.2347%
8.95
182 Day T-bill
16.3007%
11.33
364 Day T-bill
16.4917%
10.00
Central Bank Rate (CBR)
12.50%
200.00
Inflation
6.60%
-20.00
Attached are the bond positions available today, T-bill auction results for the week and the FXD1/2024/3Yr & FXD1/2023/5Yr Tap Sale Results.
