Kenya’s 30-year bond reissue flops as investors demand higher yields

• CBK raises Ksh71.6bn after 30-year paper draws tepid response
• Investors favour 15-year bond as rates fall across government securities

Nairobi, Kenya – The Central Bank of Kenya has struggled to revive investor appetite for its longest-tenure bond, with bids for the reopened 30-year paper falling far short of target despite a push for higher yields.