Government To Sell Bond Worth Sh40 Billion

Kenya will sell 15-year and 20-year Treasury bonds worth a total of Sh 40 billion this month, the central bank said on Thursday.

The bank said it would receive bids for the two bonds, which will be re-opened from previous issues, until April 24, and auction them a day later.

The 15-year bond has a 12.500 percent coupon, while the 20-year has a coupon of 13.200 percent.

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