The government has opened a tap sale on one of the 10-year bonds sold earlier this month, looking to mop up part of the Sh19 billion it left on the table from investor offers in the issuance.
October’s bond issuance comprised two reopened 10-year papers first sold in 2016 and 2022, which carry coupons (actual interest rate) of 15.04 per cent and 13.49 per cent, respectively.
