The Central Bank of Kenya (CBK) is seeking to raise Sh45 billion from three reopened bonds amid a push to lower the government’s cost of borrowing by reissuing older bonds that offer coupons that are lower than prevailing yields.
The three bonds being reopened are a 15-year paper whose initial sale was in April 2022, a 10-year paper first sold in February 2023, and another 10-year paper which was first floated in March this year.
