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Kenya Central Bank Reopens Infrastructure Bonds Seeking KES 50 Billion

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Patrick Alushula

Patrick Alushula is a seasoned Kenyan-based senior business journalist..
  • Tax-free bonds aim to fund infrastructure projects for 2024/2025
  • Reopening follows recent undersubscription of normal bonds

Nairobi, Kenya – Kenya’s central bank has reopened two infrastructure bonds, targeting KES 50 billion (US$376.6 million), following recent undersubscriptions on conventional bonds that typically attract withholding tax.

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