The Central Bank of Kenya (CBK) has reopened a pair of long-term bonds seeking Sh40 billion for its April issuance, which is being sold alongside the third switch issuance of the fiscal year that is targeting maturing 10-year paper.
In the reopened bond, the CBK has opted for a 15-year paper first issued in 2020 at an annual interest rate of 12.76 percent, and a 25-year bond that was brought to market in 2018, at an annual interest rate of 13.4 percent.
