Market Insight: January 26, 2014


Africa

•  Ghana plans first three-year Cedi bond since October sale pulled
•  Zambian ruling party Edgar Lungu inaugurated as president

Nigeria

•  ASI +42bps, $28.4mill
•  A massive off-market cross of 400m Oando was the highlight of the session

Kenya

•  NSE20 87bps, $8.5mill
•  A few large crosses in Safcom drove proceedings

Botswana

•  DCI -9bps, $170k

Mauritius

•  Semdex +15bps, $1.29mill

Zimbabwe

•  Ind +11bps, $1.1mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.41

+1.40

Nigeria

NGN

188.80

-2.83

Kenya

KES

91.75

-1.25

Mauritius

MUR

32.75

-3.05

Botswana

BWP

9.66

-1.05

Tanzania

TZS

1825.00

-5.04

Uganda

UGX

2855.00

-2.94

Rwanda

RWF

701.02

-1.60

Ghana

GHS

3.29

-2.35

BRVM

XOF

584.03

-7.18

Egypt

EGP

7.39

-3.22

Morocco

MAD

9.63

-5.86

Tunisia

TND

1.95

-4.52

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833