The Central Bank of Kenya's DhowCSD bonds platform was hit by a glitch when generating payment invoices for the January Treasury bond sale, resulting in some investors being asked to pay up to two times their bid amounts.
The bond sale closed on January 7 and the settlement of successful bids was due on January 12. A payment notification sent to investors asked them to pay double the amount they had bid, with the CBK telling those who complained that the matter was being addressed.
