Secondary Market: Trading in the secondary market declined by 26% with a bond turnover of KES 0.978 billion from KES 1.32 billion the previous day.
Money Market: The interbank rate continued to decline to 7.77% from 7.91% on Thursday. The USDKES pair shed 0.24% to 92.77 as the Central Bank extended further mop ups amounting to KES 3.8Bn in repurchase agreements and term auction deposits as banks continue to keep a watchful eye on volatility.
Upcoming Auctions
- 15th April 2015 – 182 & 364-day T-bills
- 16th April 2015 – 91 day T-bills
