CBK seeks Sh15bn from reopened January bonds

The Central Bank of Kenya in Nairobi.

The Central Bank of Kenya in Nairobi. 

Photo credit: File | Nation Media Group

The Treasury has returned to the market with a tap sale on its January bond, looking to mop up the Sh12 billion it left on the table during the initial sale which closed last week.

The prospectus for the tap sale, published yesterday by the Central Bank of Kenya (CBK) shows that the government is seeking Sh15 billion from the offer, to add to the Sh25.02 billion it netted in the initial sale of the bond.

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