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CBK raises Sh60.5bn from January long-term bonds
Investors have been keen on locking in any bond offering a relatively high coupon amid falling interest rates, regardless of tenor, as general interest rates in the fixed income market continue to fall.
The first Treasury bond sale of 2026 was oversubscribed by 19.2 percent driven by strong demand from institutional investors who were chasing the relatively high returns on offer ahead of a possible decline in interest rates in coming months.
