As you continue to make final preparations for Christmas, below is a snapshot of what is at play within 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
10.30
9.90
0.00
2Yr
11.75
11.00
0.00
5yr
13.70
13.50
0.00
10yr
13.95
13.80
0.00
15yr
14.00
13.80
0.00
20yr
14.10
13.90
0.00
25yr
14.35
14.20
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
13.50
0.00
IFB1/2019/25 (IFB16)
Feb-44
14.00
12.90
0.00
IFB1/2019/16 (IFB17)
Oct-35
13.70
13.50
0.00
IFB1/2020/9 (IFB18)
Apr-29
13.20
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
13.50
0.00
IFB1/2021/18 (IFB22)
Mar-39
13.85
13.50
0.00
IFB1/2021/21 (IFB23)
Aug-42
14.00
13.50
0.00
IFB1/2022/19 (IFB24)
Jan-41
13.90
13.50
0.00
IFB1/2022/18 (IFB25)
May-40
13.75
13.50
0.00
IFB1/2022/14 (IFB26)
Oct-36
13.90
13.80
0.00
IFB1/2022/6 (IFB27)
Nov-28
13.30
13.20
0.00
Key Interest Rates
Mov (bps)
O/N Interbank
5.1993%
9.94
91 Day T-bill
9.356%
2.90
182 Day T-bill
9.821%
2.50
364 Day T-bill
10.299%
5.40
Inflation
9.48%
-11.00
Attached are the bond positions available today and the IFB1/2022/6Yr December 2022 TAP-SALE Prospectus & January 2023 Prospectus of the Re-opened FXD1/2020/5Yr & FXD1/2022/15Yr.