The Central Bank of Kenya (CBK) once again failed to hit its target in a bond sale this month as a standoff with investors over interest rates saw the government raise just under a third of its targeted Sh30 billion.
The July bond sale of reopened 10- and 20-year papers first sold in March 2024 and June 2008 respectively raised bids worth Sh14.68 billion, out of which the CBK took up Sh9.76 billion.
