The Treasury has announced that it seeks Ksh 5 billion through a two year bond to be issued this month. The last two year bond issued was in November 2011 and the weighted average yield rose to 22.844% from 16.526% the previous month. The weighted average yield may rise even…
As at the close business yesterday, the NSE All share index had moved up by 0.25 points (0.33%) to close at 74.93 points while the NSE 20-Share index had risen by 0.5% to close at 3461.19 points. Safaricom was the most active share in yesterday’s trading moving 9.2 million shares…
If you have been reading business press over the last week or so you have surely seen that the Central Bank of Kenya has been mopping up money from the economy through repurchase agreements (repos). Over the last 5 trading sessions the CBK has mopped up Ksh 31.1 billion through…
The highly publicised Kenya Airways rights issue has an expense budget of Ksh 620 million. This budget is meant to foot the bill for various transactions pertaining to the success of the rights issue offer. The Ksh 20.6 billion rights issue opened on 2nd April 2012 and closes on 26th…
As at the close of business on Friday, the NSE All-share index had fallen, by 0.1% to close at 74.37. This is a market cap weighted index consisting of all the securities on the NSE. The Nse 20-share index on the other hand rose by 0.06% to close at 3,456.35…