The Treasury intends to raise Sh40 billion with the Central Bank of Kenya (CBK) reopening two 15-year tenor papers that have effective maturities of 7.06 and 10.15 years respectively.
The offers come with a coupon rate of 10.25 per cent per annum (7.06 years tenor paper) and 12 per cent per annum (10.15 years) respectively.
