Fixed Income & Money Market Update: 1st April 2015
Secondary Market: Trading in the secondary market was robust during yesterday’s trading session. Bond turnover declined by 0.32% to KES 2.59 billion from KES 2.6 billion the previous day. The infrastructure bond continues to account for the highest traded bonds within the secondary market.
Money Market: The monetary regulator continued to extend mop ups to alleviate pressure on the shilling. The USDKES exchange rate marginally weakened by a further 0.08% to settle at 92.50 (12:30pm GMT) yesterday.
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