The Central Bank of Kenya (CBK) has reopened a bond with a coupon rate of 12.65 percent, seeking to further lower the cost of public borrowing amid tight fiscal headroom for the government.
A prospectus for the January 2025 bond sale published on Monday shows the CBK is reopening 15-year paper first issued in 2018 and a 25-year bond whose debut sale was done in 2022, with a combined target of Sh30 billion.
