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CBK Returns to Market with Ksh30 Billion Bond Auction Amid Investor Caution

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© Allen Dreyfus

Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Two 10-year bonds reopened, with interest rates of 15.039% and 13.49%
  • Government’s borrowing appetite rises as investors favour short-term papers

Nairobi, Kenya – The Central Bank of Kenya (CBK) has returned to the market to raise Ksh30 billion ($232.6 million) in an October bond auction, just days after the previous bond sale experienced undersubscription.

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