CBK re-opens the sale of five-year Treasury bond worth Ksh 13Bn
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.
About David Indeje
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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