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The East African : May 5th 2014
The EastAfrican 54 BONDS WEEKLY STATISTICS 2-MAY-2014 GOVERNMENT OF KENYA FIXED RATE TREASURY BONDS Issue No. TWO YEAR BONDS FXD 2/2012/2Yr FXD 3/2012/2Yr FXD 4/2012/2Yr FXD 1/2013/2Yr FXD 2/2013/2Yr FXD 3/2013/2Yr FXD 4/2013/2Yr FXD 4/2013/2Yr FXD 1/2014/2Yr FIVE YEAR BONDS FXD 1/2009/5Yr FXD 1/2010/5Yr FXD 2/2010/5Yr FXD 1/2011/5Yr FXD 1/2012/5Yr FXD 1/2013/5Yr FXD 2/2013/5Yr FXD 3/2013/5Yr FXD 1/2014/ 5Yr FXD 1/2014/ 5Yr FXD 1/2014/ 5Yr FXD 1/2014/ 5Yr FXD 1/2014/ 5Yr SEVEN YEAR BONDS FXD 1/2007/7Yr EIGHT YEAR BONDS FXD1/2007/8Yr NINE YEAR BONDS FXD 1/2006/9Yr TEN YEAR BONDS FXD 1/2006/10Yr FXD 2/2006/10Yr FXD 1/2007/10Yr FXD 1/2008/10Yr FXD 2/2008/10Yr FXD 3/2008/10Yr FXD 1/2009/10Yr FXD 1/2010/10Yr FXD 2/2010/10Yr FXD 1/2012/10Yr FXD 1/2013/10Yr FXD 1/2014/10Yr ELEVEN YEAR BONDS FXD1/2006/11Yr TWELVE YEAR BONDS FXD1/2006/12Yr FXD1/2007/12Yr FIFTEEN YEAR BONDS FXD1/2007/15Yr FXD2/2007/15Yr FXD3/2007/15Yr FXD1/2008/15Yr FXD1/2009/15Yr FXD1/2010/15Yr FXD2/2010/15Yr FXD1/2012/15Yr FXD1/2013/15Yr Issue Date 27-Aug-12 29-Oct-12 24-Dec-12 25-Feb-13 25-Mar-13 26-Aug-13 24-Dec-13 24-Dec-13 24-Mar-14 21-Sep-09 24-May-10 30-Nov-10 31-Jan-11 28-Jan-12 29-Apr-13 1-Jul-13 25-Nov-13 28-Apr-14 28-Apr-14 28-Apr-14 28-Apr-14 28-Apr-14 30-Jul-07 26-Feb-07 24-Apr-06 27-Mar-06 29-May-06 29-Oct-07 29-Oct-07 28-Jul-08 29-Sep-08 27-Sep-09 26-Apr-10 1-Nov-10 25-Mar-13 26-Aug-13 27-Jan-14 25-Sep-06 28-Aug-06 28-May-07 26-Mar-07 25-Jun-07 26-Nov-07 31-Mar-08 26-Oct-09 29-Mar-10 25-Apr-11 24-Sep-12 24-Feb-14 Maturity Date Issued Value in millions 25-Aug-14 27-Oct-14 22-Dec-14 23-Feb-15 23-Mar-15 24-Aug-15 21-Dec-15 21-Dec-15 Coupon (%) 16,312.35 13,786.50 20,777.16 20,468.11 19,967.33 17,927.92 25,252.12 25,252.12 21-Mar-16 20,000.00 15-Sep-14 18-May-15 23-Nov-15 25-Jan-16 22-May-17 23-Apr-18 25-Jun-18 19-Nov-18 22-Apr-19 22-Apr-19 22-Apr-19 22-Apr-19 22-Apr-19 21-Jul-14 16-Feb-15 13-Apr-15 14-Mar-16 16-May-16 16-Oct-17 16-Oct-17 16-Jul-18 28-Sep-18 15-Apr-19 13-Apr-20 19-Oct-20 13-Jun-22 19-Jun-23 15-Jan-24 11-Sep-17 13-Aug-18 13-May-19 7-Mar-22 6-Jun-22 7-Nov-22 13-Mar-23 7-Oct-24 10-Mar-25 8-Dec-25 6-Sep-27 7-Feb-28 13,239.10 3,060.25 14,929.20 22,083.10 Traded yield (%) 11.114 12.496 12.382 12.844 10.2000 12.940 12.939 11.553 11.553 10.803 9.5000 6.9510 6.6710 7.6360 17,687.98 11.8550 20,165.56 12.8920 12,888.00 11.3050 14,946.55 11.9520 17,513.64 10.8700 17,513.64 10.8700 17,513.64 10.8700 10.7500 17,513.64 10.8700 10.7500 17,513.64 10.8700 10.8000 8,269.85 9.7500 13,764.30 12.7500 2,656.90 13.5000 3,451.05 14.0000 5,028.10 14.0000 9,308.80 10.7500 2,992.75 10.7500 13,504.70 10.7500 4,151.80 10.7500 4,966.85 10.7500 19,394.15 18,849.90 8.7900 9.3070 10,520.46 12.7050 526.69 15,030.28 12.3710 12.1800 4,031.40 13.7500 3,900.95 14.0000 4,864.60 13.0000 3,654.60 14.5000 7,236.95 13.5000 18,030.20 12.5000 7,830.90 12.5000 9,420.45 12.5000 10,206.45 10.2500 13,513.10 9.0000 21,089.45 11.0000 29,778.42 11.2500 10.4000 10.2500 Previous Price (%) 100.5716 101.2567 101.2929 101.8645 99.0654 103.0547 101.6006 101.6006 100.6577 99.5361 96.2356 93.9557 94.0803 104.0219 106.648 101.9721 104.4359 100.835 100.835 100.835 100.835 100.835 99.4454 100.6982 103.0000 103.6015 105.7138 100.4272 96.2835 98.1681 95.6244 98.6824 90.4283 77.5682 106.2565 104.8313 103.2912 103.3293 110.2282 99.9680 111.7068 110.4242 105.1418 101.6009 103.3641 90.0437 93.3938 93.0774 95.606 Total Value traded (kshs) MARKETS MAY 3-9,2014 2014 BANKING AWARDS EAC EDITION 200,000,000 600,000,000 600,000,000 Diamond Trust Bank staff led by their CEO Nasim Devji (centre) receive the Customer Satisfaction award from chief judge James McFee (right) at the 2014 Banking Awards East Africa edition. The awards saw small banks dominate the Customer Satisfaction, Product Innovation and Efficiency categories. Picture: Diana Ngila 30,000,000 100,000,000 250,000,000 Small banks win big in regional awards event Awa≥ds signal they a≥e eyeing a bigge≥ slice of the ma≥ket with innovative p≥oducts By JOSHUA MASINDE Special Correspondent S mall and medium-sized commercial banks in East Africa made a strong case for themselves in the 2014 Banking Awards (EAC edition), a signal that they are angling for a bigger slice of the sector traditionally dominated by the Tier One banks. The awards, sponsored by the Nation Media Group, Safaricom, MTN and Samsung saw small banks dominate the Customer Satisfaction, Product Innovation and Efficiency categories. Research firm Infotrak carried out the survey. Equity Bank, the largest bank by customer numbers in the region, emerged the best Bank in East Africa during the awards held last week. KCB was second and DTB third. Equity also led in Product Marketing and Bank with the Lowest Charges. Among the small and me- dium lenders that won top awards were Tanzania’s FBME Bank, Uganda’s Centenary Bank, Kenya’s DTB Bank (which also has a presence in the East African region) and Rwanda’s Bank of Kigali. The small and mid-tier banks also ranked favourably in other categories that were contested this year such as Best Bank in Mobile Banking (Chase Bank), Best Bank in Internet Banking (I&M Bank), Fastest Growing Bank (Jamii Bora Bank) and Best Microfinance Bank (KWFT MicroFinance Bank). The smaller players are increasingly offering better prices to attract the large depositors; moreover, following a decade of stability within the industry in the wake of stringent regulatory requirement, more corporates are gaining faith in local players. National Microfinance Bank was ranked the Best Bank in Tanzania, beating Standard Chartered and Bank M to second and third place respectively. Crane Bank emerged top in Uganda while Bank of Kigali was ranked the Best Bank in Rwanda. In Kenya, Citibank was best in the Tier Two category, beating I&M, which came second, and Bank of Baroda, which was placed third. In Tier Three, Bank of India topped, followed by Prime Bank and Imperial Bank. Crane Bank was ranked top in Uganda; Bank of Kigali in Rwanda; National Microfinance Bank in Tanzania Guardian Bank, Transnational Bank and Oriental Commercial Bank were ranked first, second and third in that order in the Tier Four category in Kenya. Kenya’s Co-operative Bank took top positions in the Retail Banking and Microfinance categories. KCB topped in four categories — Agency Banking; Asset Finance; SME Banking and Best Recovery (Uganda). CFC Bank took home top honours in Mortgage Finance. The shift to mobile and In- ternet banking are increasingly becoming a frontier for growth in the banking sector. Chase Bank and I&M were ranked top in these categories. With a focus on “virtual banking” or “cashless banking”, banks are rolling out mobile phone and Internet financial services to reduce costs, generate new revenue streams and automate banking services. Citibank Kenya was ranked as the Most Efficient Bank and Best Corporate Bank while Bank of Baroda and Bank of India, which also have a presence in Uganda, Tanzania and Rwanda, emerged second and third best in efficiency among sampled banks in the region. In Kenya, 39 banks were sampled with 1515 customers assessed; 38 banks were evaluated in Tanzania, with 1365 customers sampled. In Uganda, 26 banks were sampled with 920 customers evaluated; while 13 banks with a sample size of 450 customers were assessed in Rwanda.
April 28th 2014
May 12th 2014