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CBK re-opens the sale of five-year Treasury bond worth Ksh 13Bn

BY David Indeje · August 29, 2017 10:08 am

The Central bank of Kenya invites bids for its  five-year Treasury bond ( (FXD1/2017/5)
 worth Ksh 13 billion in a tap sale.

The bond will have an average yield rate and coupon of 12.465 percent and it will receive bids between 29- 31  August.

At the initial auction, CBK sold Ksh 12.11 Billion worth of 5 year T-bonds against  Ksh 18.71 billion of bids received which had a yield of 12.465 percent compared to 12.520 percent at its last auction  in June.

 

David Indeje is a writer and editor, with interests on how technology is changing journalism, government, Health, and Gender Development stories are his passion. Follow on Twitter @David_IndejeDavid can be reached on: (020) 528 0222 / Email: info@sokodirectory.com

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