CBK raises Sh24bn from December bond auctions

Patrick Njoroge

Central Bank of Kenya (CBK) Governor Patrick Njoroge. PHOTO | DIANA NGILA | NMG

The reopened 20-year and 25-year bonds raised Sh24.3 billion, with investors getting a little premium on the interest rates set in the securities’ initial auctions.

This marks a 60.8 per cent success rate against the target of Sh40 billion.

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Note: The results are not exact but very close to the actual.