Sh40 billion final bond issues seen hooking investors

CBK head office: Uptake is likely to be limited. FILE PHOTO | NMG

Investors have been tipped to oversubscribe this week’s Treasury bond issue owing to high liquidity and the attraction of a short-tenor offering.

The Treasury is looking to raise Sh40 billion in the five and 10-year dual tranche budgetary support bond— the last of the fiscal year—whose sale concludes Wednesday.

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