CBK leans on 3-year bond to boost domestic borrowing

The Central bank of Kenya, Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

The Central Bank of Kenya (CBK) has offered its new three-year bond for the third time this month as it seeks to reap from sustained investor interest in the paper from the previous two issues.

The second tap sale of the bond will run until Friday this week with takers of the paper expected to attach a small premium to the 14.228 percent yield with the government eyeing Sh20 billion from the auction.

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Note: The results are not exact but very close to the actual.