The government has raised Sh25.7 billion from the first of two bond auctions this month, even as the Central Bank of Kenya continued to reject higher priced bids in efforts to bring down interest rates.
November’s bond issuance comprises 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.
