The National Treasury has raised Sh48.5 billion from an oversubscribed bond whose sale closed on Wednesday, even as the Central Bank of Kenya (CBK) turned away Sh10.5 billion worth of expensive bids from investors.
In the January issuance, the CBK reopened a 15-year paper first issued in 2018 and a 25-year bond whose debut sale was done in 2022, with a combined target of Sh30 billion.
