Infrastructure bond · ISIN KE8000005549
IFB1/2023/017 bond: coupon, yield and price history
IFB1/2023/017 is a 17-year infrastructure bond issued by the Government of Kenya on 13 March 2023, maturing on 20 February 2040. It pays a coupon of 14.400% a year in two instalments. Serrari's daily price series last recorded it at 120.62 per 100, a yield to maturity of 11.36%, on 7 October 2026, −0.91 percentage points against 6 October 2026.
Key facts
- Issue number
- IFB1/2023/017
- Listed as IFB1/2023/17Yr
- ISIN
- KE8000005549
- Type
- Infrastructure bond
- Coupon
- 14.400%
- A year, paid twice yearly
- Original tenor
- 17 years
- Issue date
- 13 Mar 2023
- Maturity
- 20 Feb 2040
- Withholding tax
- Exempt
- Infrastructure bond
- Yield to maturity
- 11.00%
- 21 Oct 2026 (as on /ke/bonds)
- Price per 100
- 119.39
- 21 Oct 2026 (as on /ke/bonds)
- After-tax yield
- 11.00%
- 21 Oct 2026
- Amount outstanding
- KES 185.2bn
- 21 Oct 2026
- Next coupon
- 8 Mar 2027
- Then 6 Sep 2027
Price and yield history
Yield to maturity 11.36%, price 120.62 per 100, on 7 Oct 2026. Changes in yield:
- −0.91 pp vs 6 Oct 2026 (previous observation)
- −0.14 pp vs 7 Sept 2026 (about 30 days)
- −1.63 pp vs 7 Nov 2025 (first observation)
Changes in price (per 100):
- +6.86 vs 6 Oct 2026 (previous observation)
- +1.05 vs 7 Sept 2026 (about 30 days)
- +11.59 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 | 120.62 | 11.36% | −0.03 pp vs 30 Sept 2026 |
| 30 Sept 2026 | 120.37 | 11.39% | +0.74 pp vs 31 Aug 2026 |
| 31 Aug 2026 | 126.50 | 10.65% | −1.85 pp vs 31 Jul 2026 |
| 31 Jul 2026 | 112.22 | 12.50% | +1.56 pp vs 30 Jun 2026 |
| 30 Jun 2026 | 124.21 | 10.94% | −0.80 pp vs 29 May 2026 |
| 29 May 2026 | 117.85 | 11.74% | −1.23 pp vs 30 Apr 2026 |
| 30 Apr 2026 | 109.01 | 12.97% | +1.61 pp vs 31 Mar 2026 |
| 31 Mar 2026 | 120.93 | 11.36% | +0.16 pp vs 26 Feb 2026 |
| 26 Feb 2026 | 122.31 | 11.20% | −1.24 pp vs 31 Jan 2026 |
| 31 Jan 2026 | 112.88 | 12.44% | −0.64 pp vs 16 Dec 2025 |
| 16 Dec 2025 | 108.38 | 13.08% | +0.09 pp vs 7 Nov 2025 |
| 7 Nov 2025 | 109.03 | 12.99% | — |
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/ifb1-2023-017
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.