Treasury raises Ksh 13.50 Billion worth of 5-Year T-Bonds
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.
The bond had a yield of 12.6 percent compared to 12.6 percent at the last sale.
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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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