Central bank targets Sh25 billion from reopened bonds

The Central bank of Kenya, Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

The government is in the market seeking Sh25 billion from the reopening of its April bonds — the three and the 15-year papers — after the securities underperformed in the first auction.

The papers were seeking a combined amount of Sh70 billion but fell short after raising Sh60.77 billion.

PAYE Tax Calculator

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