Updates

Kenya: AfDB Adopts New 5-yr Plan to Boost Growth and Human Development

The 2024-2028 CSP focuses on boosting private sector-driven growth through infrastructure development, strategic reforms, and human capital development February 6, 2024/AfDB The Board of Directors of the African Development Bank Group on 14th December 2023 approved a new five-year Country Strategy Paper (CSP) for Kenya. The 2024-2028 CSP focuses on […]

Coronation Fixed Income and Exchange Rate Update

February 6, 2024/Coronation Research Summary Opening market liquidity was reported at N366.3bn on Friday (05 February ‘24). Call, overnight, and repo rates closed within a range of 7% – 22% as rates in the money market moderated following inflows from the FGN bond coupon payments and CRR refunds. Our expectation […]

SEC Adopts Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”

February 6, 2024/US SEC The Securities and Exchange Commission today adopted two rules that require market participants who engage in certain dealer roles, in particular those who take on significant liquidity-providing roles in the markets, to register with the SEC, become members of a self-regulatory organization (SRO), and comply with […]