Infrastructure bond · ISIN KE8000002322
IFB1/2022/018 bond: coupon, yield and price history
IFB1/2022/018 is a 18-year infrastructure bond issued by the Government of Kenya on 13 June 2022, maturing on 21 May 2040. It pays a coupon of 13.740% a year in two instalments. Serrari's daily price series last recorded it at 109.40 per 100, a yield to maturity of 12.30%, on 7 October 2026, +0.23 percentage points against 6 October 2026.
Key facts
- Issue number
- IFB1/2022/018
- Listed as IFB1/2022/18Yr
- ISIN
- KE8000002322
- Type
- Infrastructure bond
- Coupon
- 13.740%
- A year, paid twice yearly
- Original tenor
- 18 years
- Issue date
- 13 Jun 2022
- Maturity
- 21 May 2040
- Withholding tax
- Exempt
- Infrastructure bond
- Yield to maturity
- 11.95%
- 21 Oct 2026 (as on /ke/bonds)
- Price per 100
- 104.06
- 21 Oct 2026 (as on /ke/bonds)
- After-tax yield
- 11.95%
- 21 Oct 2026
- Amount outstanding
- KES 79.8bn
- 21 Oct 2026
- Next coupon
- 7 Dec 2026
- Then 7 Jun 2027
Price and yield history
Yield to maturity 12.30%, price 109.40 per 100, on 7 Oct 2026. Changes in yield:
- +0.23 pp vs 6 Oct 2026 (previous observation)
- +0.23 pp vs 7 Sept 2026 (about 30 days)
- −0.02 pp vs 7 Nov 2025 (first observation)
Changes in price (per 100):
- −1.62 vs 6 Oct 2026 (previous observation)
- −1.62 vs 7 Sept 2026 (about 30 days)
- −0.07 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 | 109.40 | 12.30% | +0.23 pp vs 30 Sept 2026 |
| 30 Sept 2026 | 111.01 | 12.07% | +0.43 pp vs 31 Aug 2026 |
| 31 Aug 2026 | 114.19 | 11.64% | −0.64 pp vs 31 Jul 2026 |
| 31 Jul 2026 | 109.55 | 12.28% | −0.32 pp vs 30 Jun 2026 |
| 30 Jun 2026 | 107.36 | 12.60% | +0.73 pp vs 29 May 2026 |
| 29 May 2026 | 112.58 | 11.87% | 0.00 pp vs 30 Apr 2026 |
| 30 Apr 2026 | 112.58 | 11.87% | −0.01 pp vs 31 Mar 2026 |
| 31 Mar 2026 | 112.58 | 11.88% | −0.34 pp vs 26 Feb 2026 |
| 26 Feb 2026 | 110.12 | 12.22% | −0.64 pp vs 31 Jan 2026 |
| 31 Jan 2026 | 105.67 | 12.86% | −0.44 pp vs 16 Dec 2025 |
| 16 Dec 2025 | 102.77 | 13.30% | +0.98 pp vs 7 Nov 2025 |
| 7 Nov 2025 | 109.47 | 12.32% | — |
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/ifb1-2022-018
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.