The Central Bank of Kenya offices. [Photo/the-star.co.ke]Central Bank of Kenya has announced that , it would sell re-opened, 10-year and 15-year fixed-rate Treasury bonds worth a combined Sh30 billion.
The announced was made on Thursday.
The proceeds will go towards budgetary support. CBK said in its prospectus it will receive bids until December 13, and auction them on December 14.
According to CBK, the 10-year bond has a coupon rate of 12.966 per cent while the 15-year’s coupon is 12.500 per cent.