CBK raises extra Sh24bn from June bonds tap sale

The Central Bank of Kenya in Nairobi.

The Central Bank of Kenya in Nairobi. 

Photo credit: File | Nation Media Group

The Central Bank of Kenya (CBK) has realised a further Sh23.8 billion from the tap sale of four papers reopened to investors this month.

The tap sale that ran from Tuesday this week saw total investor bids of Sh25.1 billion against the advertised Sh20 billion target.

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