The Central Bank of Kenya (CBK) has turned to two familiar 15- and 20-year Treasury bonds in its Sh50 billion October issuance, hoping to ride the demand they attracted last month to hit its target.
A prospectus for the October bond sale shows that for the second successive month, the State is reopening a 15-year bond first issued in July 2019 at a rate of 12.34 percent, and a 20-year bond that was initially sold in April 2019 at 12.873 percent.
