CBK seeks Sh60bn from reopened bond auctions

Central Bank of Kenya

Central Bank of Kenya. 

Photo credit: File | Nation Media Group

The Central Bank of Kenya (CBK) is seeking to raise Sh60 billion from four reopened bonds this month, even as the apex bank continues its quest to drive down interest rates on the securities.

The four reopened papers are being sold in pairs with the first auction, including two and three-year bonds with remaining terms to maturity of 1.2 and 2.6 years, respectively.

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