CBK seeks Sh30bn from reopened October bonds

The Central Bank of Kenya is seeking to raise Sh30 billion from two reopened 10-year bonds in an auction that will close in October.

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The Central Bank of Kenya is seeking to raise Sh30 billion from two reopened 10-year bonds in an auction that will close in October.

One of the bonds, first sold in 2016, has 1.8 years to maturity and has a coupon (fixed interest rate) of 15.039 percent.

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