Government Bond Auction Announcement
- John Kevau
- Oct 17, 2024
- 1 min read
Updated: Mar 18
October 17, 2024
Announcement for the upcoming auction of government bonds. Please note the following details for the auction:
5, 6, and 7-year bonds: These are existing lines, with the indicative yield set as the coupon rate. There were no stocks taken up under these series in the previous auction.
8, 9, and 10-year bonds: These are also existing lines, with the weighted average rate (W.A.R.) derived from the previous auction.
Auction date: 22/10/2024
Security Type: Government Bond
Summary of the Bond Offerings:
Security No | Term | Maturity Date | Coupon [%] | Yield [%] | Amount on Offer [K'm] | W.A.R [%] |
|---|---|---|---|---|---|---|
3223 | 5 Years | November 15, 2029 | 9.40 | 9.40 | 10.00 | |
3224 | 6 Years | August 15, 2030 | 9.50 | 9.50 | 10.00 | |
3225 | 7 Years | August 15, 2031 | 9.60 | 9.60 | 20.00 | |
3226 | 8 Years | August 15, 2032 | 9.65 | 20.00 | 9.65 | |
3227 | 9 Years | November 15, 2033 | 9.70 | 20.00 | 6.75 | |
3228 | 10 Years | February 15, 2034 | 9.75 | 20.00 | 9.84 |