CBK seeks Sh20bn from bond tap-sale in bid to hit domestic borrowing target

The Central Bank of Kenya in Nairobi County on January 28, 2024. 

Photo credit: File | Nation Media Group

The government has returned to the market for an additional Sh20 billion via a tap sale of the June bond, which has already raised Sh61 billion, underlining efforts to hit the recently revised domestic borrowing target for the current fiscal year.

The tap sale opened on Tuesday and will close on Thursday, according to a prospectus published by the Central Bank of Kenya (CBK).

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