T-bills were oversubscribed during the week with a subscription rate of 162.5%, up from a subscription rate of 87.1% the previous week.During the week, the equities market was on a downward trend, with NASI, NSE 20 and NSE 25 declining by 4.5%, 2.5% and 3.6%, respectively.In the FinTech space, Tala, an international mobile lending firm operating in Kenya, Tanzania, USA and the Philippines, raised Kshs 6.5 bn (USD 64.8 mn) in Series C funding.During the week, Hass Consult released their Q1’2018 Land and House Price Indices Report, highlighting that the real estate market performance in Q1’2018 is recovering as a result of conclusion of the electioneering period that slowed activity in the sector.
