Treasury payments push up bond sales 60 percent

Monday, June 15, 2020 0:01

By CHARLES MWANIKI

NSE data shows turnover stood at Sh46.6 billion last month, compared to Sh29.3 billion in April.

FILE PHOTO | NMG 

Bonds turnover at the Nairobi Securities Exchange (NSE) jumped 59 percent in May compared to April as ample liquidity in the money market supported trading.

NSE data shows turnover stood at Sh46.6 billion last month, compared to Sh29.3 billion in April.

Equities turnover stood at Sh14.56 billion last month, compared to Sh12.61 billion in April, with activity on large counters going up on profit taking.

They earn a maximum of 1.78 percent per equities trade, and 0.003 percent for a bond trade — which is also shared with the market regulator CMA, the CDSC and the NSE.