Prime

Treasury to issue local dollar bond to support budget

Car& General has cut its dollar-denominated borrowings. PHOTO | SHUTTERSTOCK

Profile Photo

By  Kepha Muiruri

Business Reporter

Nation Media Group

The National Treasury plans to issue a local foreign currency-denominated bond to help finance its budget.

The planned bond would complement domestic funding sources such as Treasury bills and bonds.

Related

PAYE Tax Calculator

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

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kenya cash outflows fall by Sh25bn on Trump NGO cuts

  2. Banking lobby chief on scaling private sector credit, rates outlook and recent sector reforms

  3. PRIME 'Odd was ordinary': The unusual life of Anselm Croze

  4. PRIME Banks term capital rules on large lenders ‘premature’

In the headlines

View All