Treasury to issue Kenya’s first eurobond in September

The Treasury building in Nairobi. The National Treasury is targeting to issue Kenya’s first eurobond by the end of September. Photo/FILE

The Treasury is targeting to issue Kenya’s first eurobond by the end of September in a bid to plug the huge funding gap in its Sh1.64 trillion national Budget.

The money is expected to finance infrastructure projects such as the Lamu transport corridor, which includes new railways and roads, the Economic secretary Geoffrey Mwau said Wednesday.

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