Infrastructure bond · ISIN KE7000002324
IFB1/2021/016 bond: coupon, yield and price history
IFB1/2021/016 is a 16-year infrastructure bond issued by the Government of Kenya on 25 January 2021, maturing on 5 January 2037. It pays a coupon of 12.260% a year in two instalments. Serrari's daily price series last recorded it at 105.49 per 100, a yield to maturity of 11.33%, on 7 October 2026, 0.00 percentage points against 6 October 2026.
Key facts
- Issue number
- IFB1/2021/016
- Listed as IFB1/2021/16Yr
- ISIN
- KE7000002324
- Type
- Infrastructure bond
- Coupon
- 12.260%
- A year, paid twice yearly
- Original tenor
- 16 years
- Issue date
- 25 Jan 2021
- Maturity
- 5 Jan 2037
- Withholding tax
- Exempt
- Infrastructure bond
- Yield to maturity
- 11.51%
- 21 Oct 2026 (as on /ke/bonds)
- Price per 100
- 101.04
- 21 Oct 2026 (as on /ke/bonds)
- After-tax yield
- 11.51%
- 21 Oct 2026
- Amount outstanding
- KES 81.0bn
- 21 Oct 2026
- Next coupon
- 18 Jan 2027
- Then 19 Jul 2027
Price and yield history
Yield to maturity 11.33%, price 105.49 per 100, on 7 Oct 2026. Changes in yield:
- 0.00 pp vs 6 Oct 2026 (previous observation)
- −0.74 pp vs 7 Sept 2026 (about 30 days)
- −0.89 pp vs 7 Nov 2025 (first observation)
Changes in price (per 100):
- 0.00 vs 6 Oct 2026 (previous observation)
- +4.43 vs 7 Sept 2026 (about 30 days)
- +5.27 vs 7 Nov 2025 (first observation)
174 observations from 7 Nov 2025 to 7 Oct 2026. Days with no observation are not filled in. Prices are clean prices per 100 of face value, indicative rather than executable quotes.
Month-end history
| Date | Price | YTM | YTM change |
|---|---|---|---|
| 7 Oct 2026 | 105.49 | 11.33% | 0.00 pp vs 30 Sept 2026 |
| 30 Sept 2026 | 105.49 | 11.33% | +0.09 pp vs 31 Aug 2026 |
| 31 Aug 2026 | 106.08 | 11.24% | −0.83 pp vs 31 Jul 2026 |
| 31 Jul 2026 | 101.11 | 12.07% | +0.75 pp vs 30 Jun 2026 |
| 30 Jun 2026 | 105.68 | 11.32% | −1.05 pp vs 29 May 2026 |
| 29 May 2026 | 99.34 | 12.37% | +0.13 pp vs 30 Apr 2026 |
| 30 Apr 2026 | 100.10 | 12.24% | +0.59 pp vs 31 Mar 2026 |
| 31 Mar 2026 | 103.65 | 11.65% | +0.43 pp vs 26 Feb 2026 |
| 26 Feb 2026 | 106.43 | 11.22% | −0.43 pp vs 31 Jan 2026 |
| 31 Jan 2026 | 103.70 | 11.65% | −0.57 pp vs 16 Dec 2025 |
| 16 Dec 2025 | 100.22 | 12.22% | 0.00 pp vs 7 Nov 2025 |
| 7 Nov 2025 | 100.22 | 12.22% | — |
The last observation in each month. The CSV holds every daily observation (174 rows).
Cite this data
Source: Central Bank of Kenya auction results (issue terms); prices and yields from Serrari's bond price sheet, retrieved 21 October 2026. Cite as: Serrari Group, https://serrarigroup.com/ke/bonds/ifb1-2021-016
Free to quote with this attribution. How these prices and yields are produced: data methodology. Bulk use, API access and redistribution: terms for using Serrari data.