Treasury raises Sh27.4bn from five-year bond sale

Treasury building in Nairobi on June 11, 2020. PHOTO | SILA KIPLAGAT | NMG

The government raised Sh27.4 billion from the re-opened five-year bond, amounting to 91.3 percent of the Sh30 billion it was seeking in the auction.

The bond, which has 3.4 years to maturity, is part of three securities from which the State was seeking to raise Sh30 billion each for a total of Sh90 billion.

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