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CBK tests investor appetite with Sh40bn long-term bonds
CBK is hoping for a repeat of the demand in its December issuance, which is also being floated amid relatively high shilling liquidity in the money market.
The Central Bank of Kenya (CBK) is set to test investor appetite for long-term government securities with a Sh40 billion reopening of two papers with 15 and 20 years to maturity for its December bond sale.
The sale, which runs between November 27 and December 3, sees the CBK reopening a 25-year bond that was first sold in May 2021, giving it 20.4 years to maturity, and a 30-year bond first sold in February 2011 that now has 15.2 years to maturity.
