Kenya to sell 5-year, 10-year bond worth $289 million – Central Bank

Kenya on map
Kenya on map

Kenya will sell five-year and 10-year Treasury bonds worth a total 30 billion shillings ($289 million) this month, the central bank said on Friday.

The bank said in a statement it would receive bids for the bonds between August 7 and 22 and auction the two bonds on Aug. 23.

The five-year bond will have a market-determined coupon, while the reopened 10-year bond has a 12.966 per cent coupon, the central bank said.

(Reuters/NAN)


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