CBK (Central Bank of Kenya) received bids worth KSh 3.8 billion against an advertised amount of KSh 10 billion during the 10-year Treasury bond switch auction conducted on November 9th 2026. This represents a performance rate of 37.9%.
Currency Market
According to the CBK weekly report, the Kenya Shilling remained stable against major international and regional currencies during the week ending November 12th, 2026.
It exchanged at KSh 129.96 per U.S. dollar on November 12th, unchanged from November 5th 2026.
The foreign exchange reserves remained adequate at US$ 14,605 million (5.9 months of import cover) as of November 12th. This meets CBK’s statutory requirement to endeavour to maintain at least 4 months of import cover.
Remittance Inflows:
Remittance inflows to Kenya totalled US$ 430.5 million in October 2026 from US$ 438.8 million in October 2025, a decrease of 1.9 percent.
The 12-month cumulative inflows to October 2026 decreased by 1.1 percent to US$ 5,023 million, compared with US$ 5,082 million in the same period in 2025.
Remittance inflows remain a key source of foreign exchange earnings and continue to support the balance of payments.
Government Securities Market:
The Treasury bill auction of November 12th, received bids totalling KSh 69.3 billion against an advertised amount of KSh 28.0 billion, representing a performance of 247.3 percent.
Interest rates on the 91-day, 182-day and 364- day Treasury bills declined marginally.
During the Treasury bond auction of November 9, the 10-year treasury switch bond received bids totalling KSh 3.8 billion against an advertised amount of KSh 10.0 billion, representing a performance of 37.9 percent.
Equity Market:
At the Nairobi Securities Exchange, the NASI, share price index decreased by 0.02 percent while NSE 25 and NSE 20 increased by 0.54 percent and 0.16 percent respectively, during the week ending November 12, 2026.
Market capitalization also increased by 0.72% while total shares traded and equity turnover decreased by 89.27% and 96.22%, respectively.
Bond Market Bond turnover in the domestic secondary market increased by 55.27% during the week ending November 12, 2026.
International Crude Oil Prices
Murban crude oil prices declined to US$ 90.07 per barrel on November 12, down from US$ 94.04 per barrel on November 5, as fears of a wider military escalation in the Middle East eased.
Over the same period, spot gold prices decreased to US$ 3876.4 per ounce on November 12 from US$ 4,087.7 per ounce on November 5th 2026.
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