The Treasury has bought back $1.44 billion (Sh210 billion) out of the outstanding $2 billion (Sh291.7 billion) of its 2014 Eurobond, opting to utilise the entire amount it raised from a new bond issued last week to partially retire the older paper.
The new bond, whose sale concluded on February 13, raised a gross amount of $1.5 billion (Sh218.8 billion), which netted at $1.46 billion after payment of lead arranger fees.
