CBK seeks Sh50bn from bond sales to meet local loans target

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

Photo credit: File | Nation Media Group

The government is back in the market for an extra Sh50 billion via auction of three bonds, which include a tap sale of a reopened two-year bond and two others with tenors of 10 and 20 years.

The first auction targets Sh20 billion and closes on July 4 while the second runs until July 17 and seeks to raise the balance of Sh30 billion.

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