SIB GLOBAL MARKETS WEEKLY MARKET BRIEF | 15 Apr 2025
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SIB GLOBAL MARKETS WEEKLY MARKET BRIEF | 15 Apr 2025

Highlights There are decades when nothing happens, and there are weeks that decades happen. In a week that truly lived up to these words, trade policy uncertainty remained the core theme as U.S. stocked whipsawed significantly and the S&P 500 had an intra-week range of over 14% from trough to peak. Equities traded sharply lower…

Quarterly Economic & Fixed Income Market Review – 1Q25
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Quarterly Economic & Fixed Income Market Review – 1Q25

FIXED INCOME MARKETS: PRIMARY OFFERINGS RECEIVE 180% OVERALL SUBSCRIPTION RATE In the primary market, demand for government securities remained strong, with the overall subscription rate standing at 180.1%. The fiscal agent offered KES 437.0bn, attracted bids amounting to KES 787.0bn, and accepted 73.9% of the total bids received. In total, KES 395.82bn was repaid, resulting in a…