Central bank seeks Sh50bn from two reopened bonds

The Central Bank of Kenya. PHOTO | DENNIS ONSONGO | NMG

The Central Bank of Kenya (CBK) has reopened two long-term bonds seeking to raise Sh50 billion from fixed-income investors.

The government’s fiscal agent is offering a 15-year security, which was first sold in April at an average interest rate of 13.94 percent.

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