Treasury seeks Sh31.5 billion in top-up bond sale

The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG

The National Treasury has opened a tap sale for its undersubscribed March bond, targeting to raise an additional Sh31.5 billion from the paper.

Three reopened bonds –a five-year, 15-year and 25-year paper— sought to raise a total of Sh50 billion but attracted bids of Sh40.9 billion.

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