Kenya Seeks $541.4m from Treasury Bonds as Liquidity Eases

• Government reopens three long-dated bonds amid falling rate outlook
• Analysts expect aggressive bidding despite CBK’s room to reject high yields

Nairobi, Kenya – The Central Bank of Kenya (CBK) is seeking to raise Ksh70 billion ($541.4 million) through the re-issuance of three long-dated treasury bonds, taking advantage of improved liquidity and expectations of declining interest rates.