The Treasury has opened a three-day tap sale of one of the three bonds it sold earlier this month, seeking an additional Sh10 billion from the market.
For the tap sale, the Central Bank of Kenya (CBK)—the government’s fiscal agent—has picked the reopened 15-year bond whose debut in the market was in February 2020, and which raised Sh20.88 billion in last week’s auction from offers of Sh20.89 billion.
