CBK to partially buy back Sh76.5bn bond to ease domestic maturities

The Central Bank Of Kenya.

Photo credit: File | Nation

The Central Bank of Kenya (CBK) will partially buy back a Sh76.5 billion bond set to mature in May next year as part of initiatives to reduce pressure from domestic debt maturities.

The apex bank has invited holders of the paper to voluntarily participate in the early buyback offer targeting redemptions of Sh30 billion with the auction closing on November 17.

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