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.