Central Bank seeks Sh50bn in March treasury bond auction

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Central Bank of Kenya (CBK) Governor Patrick Njoroge on October 27, 2022. PHOTO | DIANA NGILA | NMG

The Central Bank of Kenya (CBK) seeks to raise Sh50 billion from the sale of a 17-year tax-free infrastructure bond.

The interest rate on the security will be determined by the market based on the average of accepted bids.

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