Treasury eyes Sh13 billion with two bonds

The Treasury building in Nairobi. FILE PHOTO | NMG

The Treasury has opened a tap sale on the two-year and the re-opened 10-year bonds seeking an additional Sh13 billion.

The Central Bank of Kenya (CBK) in a statement on Tuesday said the two-year bond will have an average yield rate and coupon of 11.619 per cent, while the re-opened 10-year bond will have a coupon of 12.966 per cent and an average yield rate of 13.072 per cent.

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