This paper analyses the implicit dynamics underlying the interest rate structure in Kenya. For this purpose, we use data on four interest rates of commercial banks (deposits, savings, lending and overdraft) together with the 91-day Treasury Bill rate, for the period July 1991 to August 2010, ...
Capital Markets Listed bonds turnover at NSE declines 14pc in first quarter on tougher times Apr 23, 2023 -2 min read The Central Bank of Kenya, the exchequer’s fiscal agent has accepted Sh20.29 billion from the investor bids at a weighted average rate of 14.228 percent. The p...
Should the amount to be offered in the buyback exceed the proceeds of the new issuance, then Kenya might be forced to draw down from its own reserves, piling pressure on the exchange rate.
Treasury bill- a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days T-bill Treasury obligations,Treasury- negotiable debt obligations of the United States government which guarantees that interest and principal payments...
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The Central Bank of Kenya has floated treasury bonds worth Ksh21.65 billion at 12.280 per cent per annum in a tap sale. The bonds will be on offer from Tuesday, 26 November to Thursday, 28 November or upon attainment of quantum. READ ALSO: CBK issues 10-year and 20-year bonds worth KS...
Chaos and nonlinear dynamical approaches to predicting exchange rates in Kenya Secondly, the results strongly suggest that the foreign exchange market is highly volatile. Both extremely low and extremely high volatility are clustered and... KE Sifunjo - 《University of Nairobi Kenya》 被引量: 7发表...
Related to Treasury bills:commercial paper,certificate of deposit,Treasury bonds Treasury bill n. A short-term obligation of the US Treasury having a maturity period of one year or less and sold at a discount from face value. American Heritage® Dictionary of the English Language, Fifth Edition...
Investors holding bonds to maturity are, however, sheltered from the shifts in interest rates as they stand to earn the face value of the paper at maturity. Treasury bonds turnover at the NSE has cooled off on the back of the steeper yields across the opening quarter of 2023....
In contrast, the Central Bank of Kenya (CBK) had issued longer-dated papers in the opening half of 2022 including the reopening of a 2021-issued 25-year paper and two infrastructure bonds with tenures of 19 and 18 years respectively. ...