Weekly bond turnover grew by 8.4% w-o-w to close at USD 125.11 MN (KES 15.11 BN). FTSE Bond Index remained flat w-o-w to close at 94.70.
The 182-day and the 91-day t-bill yield rose by 0.6 bps and 0.1 bps w-o-w to close at 8.952% and 9.631% respectively while the 364-day t-bill yields fell by 0.4 bps to close at 9.905%.
Stock Market
Weekly equity turnover fell by 40.1% w-o-w to USD 12.33 MN (KES 1.48 BN). The NSE 20 and NASI fell by 1.6% and 4.8% w-o-w to close at 1,717.48 and 134.86, respectively.
Foreign investors assumed a net selling position by accounting for 15.7% of total market purchases and 55.3% of total market sales.
Fixed Income
Weekly bond turnover grew by 8.4% w-o-w to close at USD 125.11 MN (KES 15.11 BN). FTSE Bond Index remained flat w-o-w to close at 94.70.
The 182-day and the 91-day t-bill yield rose by 0.6 bps and 0.1 bps w-o-w to close at 8.952% and 9.631% respectively while the 364-day t-bill yields fell by 0.4 bps to close at 9.905%.
Macro Metrics
USD|KES: KES weakened by 0.1% w-o-w to close at 120.73 (-6.7% year-to-date).
FX Reserve: Import cover fell by 1.2% to close at 4.19 months (-22.3% year-to-date).
Upcoming Events
10-Oct-22 – IFB1/2021/18 Coupon Payment (Coupon Rate: 12.67%).
10-Oct-22 – FXD1/2019/20 Coupon Payment (Coupon Rate: 12.87%).
11-Oct-22 – Jubilee Holdings Dividend Payment (Interim: KES 1.00).
12-Oct-22 – ABSA Kenya Dividend Payment (Interim: KES 0.20).