The Paris Games officially kick off today, and not to be left out, The Central Bank has kicked off the IFB games locally. The Central Bank has re-opened the 2023 infrastructure bond issues, the IFB1/2023/6.5Yr (May 2030 maturity) and the IFB1/2023/17Yr (February 2040 maturity), in a bid to secure KES 50Bn in new funding. Attached is the prospectus with all the necessary information required to assist in your preparations to bid. This week’s T-bill auction was oversubscribed as KES 31.1645Bn in bids were submitted but the Central Bank only accepted KES 22.941Bn. The Central Bank stepped in to mitigate the push for higher rates from market players, with the 91D & 182D rates dropping slightly while the 364D continued its upward trend. Attached are the results for your perusal. The Central Bank  Let us direct all our thoughts to For your trading activities for the day, below is a snapshot of what is at play within the secondary market for your consideration. Happy hunting!