Central Bank gets Sh27bn from third 3-year bond offer

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The Central Bank of Kenya (CBK) has mopped a further Sh27.2 billion from the third auction of May’s three-year bond.
FILE PHOTO | SHUTTERSTOCK

The Central Bank of Kenya (CBK) has mopped a further Sh27.2 billion from the third auction of May’s three-year bond.

The second tap sale of the paper which closed on Friday had an equal value of bids to acceptance and beat the advertised Sh20 billion value.

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Note: The results are not exact but very close to the actual.