Kenya Eurobond yields fall 25.87bps in week to 5 November

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Kenya Eurobond yields fell 25.87 basis points on average in the week ending 5 November 2026, CBK says. The same weekly bulletin that held the shilling at 129.96 also notes softer yields for Côte d’Ivoire and Angola as global conditions eased after U.S. mid-term elections.

What CBK reported on Eurobond yields

In the Recent Monetary and Financial Developments note dated 6 November 2026, CBK says yields on Kenya’s Eurobonds decreased by 25.87 basis points on average during the week ending 5 November. Yields for Côte d’Ivoire and Angola also decreased. Lower secondary-market yields ease the mark-to-market pressure on holders of Kenya’s dollar paper, even though they do not automatically change the coupon the government still pays on each bond.

Domestic bonds and bills the same week

Domestic secondary bond turnover fell 10.35%. The 5 November T-bill auction was 241.8% subscribed and the 4 November dual bond reopening 198.9% subscribed — headline figures only here; full auction tables sit in the dedicated CBK results posts. Investors comparing local and external curves should read this Eurobond move alongside the shilling and NSE weekly wrap.

Global backdrop

CBK says financial conditions eased after U.S. mid-terms amid higher inflation expectations in advanced economies. The Bank of England raised its policy rate by 25 basis points to 4%, Brazil held at 13.75%, and the U.S. Dollar Index weakened 0.48%. Murban crude fell to USD 94.04 a barrel from USD 110.46 a week earlier; spot gold rose to about USD 4,087.7 an ounce.

For readers tracking Kenya Eurobond yields, the takeaway is practical: Investors price Kenya Eurobond yields against the same weekly CBK note that held the shilling steady. See also Kenya shilling 129.96 wrap. This Kenya Eurobond yields briefing sticks to primary documents only.

Frequently asked questions

How much did Kenya Eurobond yields fall?

25.87 basis points on average in the week ending 5 November 2026, per CBK.

Did other African Eurobonds move?

Yes. CBK says Côte d’Ivoire and Angola yields also decreased.

Does a yield fall cut Kenya’s coupon bill immediately?

No. Coupons on existing bonds stay as contracted; secondary yields mainly reprice traded debt.