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Investment

Treasury raises Ksh 13.50 Billion worth of 5-Year T-Bonds

BY David Indeje · October 19, 2017 06:10 am

The National Treasury has raised Ksh  13.50 billion from investors through its 5-year bond issued on Wednesday.

It was looking at raising Ksh 30 billion.

The CBK received bids for the bond until Oct. 17 and auctioned it on Oct. 18.

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The bond had a yield of 12.6 percent compared to 12.6 percent at the last sale.

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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