Infrastructure bond · ISIN KE7000003546
IFB1/2021/018 bond: coupon, yield and price history
IFB1/2021/018 is a 18-year infrastructure bond issued by the Government of Kenya on 12 April 2021, maturing on 21 March 2039. It pays a coupon of 12.670% a year in two instalments. Serrari's daily price series last recorded it at 108.02 per 100, a yield to maturity of 11.44%, on 7 October 2026, −0.99 percentage points against 6 October 2026.
Key facts
- Issue number
- IFB1/2021/018
- Listed as IFB1/2021/18Yr
- ISIN
- KE7000003546
- Type
- Infrastructure bond
- Coupon
- 12.670%
- A year, paid twice yearly
- Original tenor
- 18 years
- Issue date
- 12 Apr 2021
- Maturity
- 21 Mar 2039
- Withholding tax
- Exempt
- Infrastructure bond
- Yield to maturity
- 11.00%
- 21 Oct 2026 (as on /ke/bonds)
- Price per 100
- 107.93
- 21 Oct 2026 (as on /ke/bonds)
- After-tax yield
- 11.00%
- 21 Oct 2026
- Amount outstanding
- KES 187.0bn
- 21 Oct 2026
- Next coupon
- 5 Apr 2027
- Then 4 Oct 2027
Price and yield history
Yield to maturity 11.44%, price 108.02 per 100, on 7 Oct 2026. Changes in yield:
- −0.99 pp vs 6 Oct 2026 (previous observation)
- +0.73 pp vs 7 Sept 2026 (about 30 days)
- −0.95 pp vs 7 Nov 2025 (first observation)
Changes in price (per 100):
- +6.55 vs 6 Oct 2026 (previous observation)
- −5.33 vs 7 Sept 2026 (about 30 days)
- +6.22 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 | 108.02 | 11.44% | +0.84 pp vs 30 Sept 2026 |
| 30 Sept 2026 | 114.12 | 10.60% | −0.14 pp vs 31 Aug 2026 |
| 31 Aug 2026 | 113.12 | 10.74% | −1.44 pp vs 31 Jul 2026 |
| 31 Jul 2026 | 103.08 | 12.18% | −0.07 pp vs 30 Jun 2026 |
| 30 Jun 2026 | 102.61 | 12.25% | +0.23 pp vs 29 May 2026 |
| 29 May 2026 | 104.13 | 12.02% | +0.38 pp vs 30 Apr 2026 |
| 30 Apr 2026 | 106.77 | 11.64% | 0.00 pp vs 31 Mar 2026 |
| 31 Mar 2026 | 106.77 | 11.64% | 0.00 pp vs 26 Feb 2026 |
| 26 Feb 2026 | 106.79 | 11.64% | +0.06 pp vs 31 Jan 2026 |
| 31 Jan 2026 | 107.25 | 11.58% | −0.80 pp vs 16 Dec 2025 |
| 16 Dec 2025 | 101.80 | 12.38% | −0.01 pp vs 7 Nov 2025 |
| 7 Nov 2025 | 101.80 | 12.39% | — |
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/ifb1-2021-018
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.