The National Treasury has reopened two infrastructure bonds (IFBs) for its August 2024 issuance, looking to get back on track in its 2024/2025 domestic borrowing programme following the significant undersubscription seen in July’s bond sale.
The government is seeking Sh50 billion from the 17-year IFB that it first floated in March last year, and a 6.5 year IFB first issued in November 2023.
