PRIME CBK continues push into long term bonds with Sh60bn sale The CBK had reopened a pair of 25-year and 30-year bonds that were first issued in May 2021 and February 2011 respectively in the sale.
PRIME Safaricom raises Sh20bn from corporate bond sale Total bids received for the offer were Sh41.6 billion, surpassing the target of Sh15 billion which handed the telecoms operator the window to take additional Sh5 billion.
PRIME CBK eyes Sh20bn in bond switch as investors urged to extend date of maturity A switch bond issuance involves the direct conversion of maturing Treasury bills and bonds into a longer term security, cushioning the exchequer from a liquidity crisis.
PRIME Yield on Treasury bills drops ahead of CBK interest rate decision The highest volume of bids was on the one-year T-bill at Sh30.4 billion, out of which the CBK accepted Sh17.9 billion.
PRIME Investors go for longer term bond in hunt for yields The 30-year bond, dubbed a Savings Development Bond (SDB) when it was floated in 2011, was most recently reopened in September, when it raised a modest Sh2.4 billion against a target of Sh20...
PRIME Investor wealth at NSE sheds Sh202bn in a month Data shows that market capitalisation stood at Sh2.842 trillion at the close of trading on December 2.
PRIME Kenyans fail to claim Sh67bn shares of NSE-listed firms Most assets are declared unclaimed in case the owner of the particular asset dies, when there is no communication between the owner of the asset and the holder beyond the maximum dormancy period...
PRIME Somalia’s new bourse targets Kenya firms in cross-listing deal with NSE Launched in June, the Somali exchange is yet to list any company, but its leadership says it is in talks with several potential issuers, including some from Kenya.
PRIME Unit trust clients double, lifting assets to Sh679bn Capital Markets Authority data shows that growth of investor numbers in unit trusts has accelerated this year
PRIME CBK tests investor appetite with Sh40bn long-term bonds The Central Bank Rate (CBR) currently stands at 9.25 percent, having been cut by 0.25 percentage points in the latest meeting on October 7.
PRIME Investors chase higher returns in long-term Treasury bonds Investors flocked to long-term Treasury bonds offering returns of up to 14.2 percent, as falling interest rates weakened yields on short-term securities, unit trusts, and fixed deposits.
PRIME Loans to households on two-year rise of Sh77.8bn Growth in credit has the effect of spurring economic activity by putting money in the pockets of spenders who are households.
PRIME Safaricom to raise Sh40bn in largest corporate bond Safaricom’s first corporate bond is expected to revitalise a debt segment, which has been in a lull for years as Treasury bonds dominate.
PRIME Investor wealth at the Nairobi bourse declines by Sh74.5bn Rates on Treasury bills have meanwhile fallen to between 7.7 percent and 9.4 percent, from highs of 17 percent in August 2024.
PRIME Apex bank retires Sh20bn bonds early, misses larger target The Treasury was buying back a portion of the three-year bond issued in May 2023, which is due to mature in May 2026.
PRIME Men dominate high-value M-Pesa transactions CBK data shows men accounted for 61pc of all mobile money value in 2024, underscoring a persistent gender gap in earnings and financial activity.
PRIME Investment advisory surges as demand for financial expertise rebounds The CMA has licensed nearly twice as many fund managers as investment advisors at 48.
PRIME EABL raises Sh16.7bn in corporate bond sale The bond refinancing will help ease pressure on the brewer’s short term liquidity and reduce its financing expenses.
PRIME Investors’ wealth in the Nairobi bourse rise by Sh1.04trn Gains from land sales within Nairobi suburbs such as Muthaiga, Pangani, Kilimani and Kilileshwa meanwhile average to 6.27 percent.
PRIME CBK eyes Sh40bn from re-opened bonds sale The CBK has avoided issuing new bonds even as interest rates fall and has instead favoured reopened issues to avoid interest rate shocks.
PRIME NSE’s stocks price boom fails to draw new investors Analysts have attributed the unchanged growth in investor accounts at the NSE to inadequate awareness on how the stock market works and years of bearish runs.
PRIME Morgan Stanley adds two more NSE firms to global equity indices The MSCI Frontier Markets Small Cap Index captures small-cap representation across 28 frontier market countries.
PRIME NSE closes above Sh3trn milestone for first time Gains in blue chips, including Safaricom, Equity and KCB, are behind the surge in the market valuation.
PRIME Banks pressured to reveal average risk premium in loans CBK has renamed the interbank to Overnight Interbank Rate to Kenya Shilling Overnight Interbank Average (Kesonia), which now stands at 9.2476 percent.
PRIME NSE valuation nears Sh3trn milestone as shares surge Analysts say the 2025 market rally has ridden on the back of lower returns on fixed income assets, including Treasury bills and bonds, forcing investors to seek higher returns in alternative...
