CBK raises Sh61 billion from bond sales, surpasses monthly target

Central Bank of Kenya

Central Bank of Kenya. 

Photo credit: File | Nation Media Group

The Central Bank of Kenya (CBK) has raised Sh61 billion from four bonds sold last week, surpassing its target for this month’s auctions.

The amount surpasses the Sh60 billion target from the four reopened papers that were targeted, not only raising fresh funding for the fiscal budget to June 30 but also enticing investors towards buying long-dated government securities.

PAYE Tax Calculator

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