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Fixed Income & Money Market Update: 18th March 2015

BY · March 19, 2015 07:03 am

Secondary Market: Trading in the market extended with bond turnover extending to KES 2.56 billion with 36 bond deals transacted over the day. Investors actively traded bonds on both the short end as well as the intermediate term bracket.

Money Market: The monetary regulator yesterday withdrew KES 2.15 billion from the money market which pushed the interbank rate upwards to 7.03%. The mop ups supported the KES indicated by the USDKES pair gained which gained 0.33% to settle at 91.95 (12:30pm GMT).

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