Treasury nets Sh71bn from April bond sale on improved liquidity

The National Treasury building in Nairobi, Kenya.

Photo credit: File | Nation Media Group

The National Treasury netted Sh71.4 billion from its April bond sale which closed yesterday, helped by a liquid money market and a renewed appetite for long-dated papers by institutional investors.

The government was in the market for Sh70 billion from a pair of reopened 15-year bonds, which were initially floated in February 2020 and April 2022, and a 25-year paper first sold in October 2022.

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