Search

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

Breaking News
© Allen Dreyfus
  • 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.

You need an active subscription to continue reading this article.

Recent Business

tina-guina-obV_LM0KjxY-unsplash
Cocoa and coffee surge boosts CEMAC's commodity index
Read More »
Breaking News
Gabon Eyes IMF Lifeline as Debt Pressures Mount
Read More »
Breaking News
Senegal swings to trade surplus as export revenues surge
Read More »

Recent Politics

Allen dreyfus Logo
Ghana’s Goldbod CEO under fire for viral cash-gifting video
Read More »
Allen dreyfus Logo
Uncertainty grows as Cote d’Ivoire opposition leader quits race
Read More »
dimitry-b-D3ZojRFM8rI-unsplash
Mozambique pins recovery on gas boom—but Cabo Delgado unrest lingers
Read More »

Latest Posts

Latest news insights