Kenya’s National Treasury is seeking to borrow KSh50 billion from the domestic market for budgetary support by re-opening a 20- year bond issued in 2018 alongside a new one of 15 – years (FXD1/2020/15 and FXD1/2018/25). The coupon rate for the 15-year tenor will be market-determined at the auction that will be held Wednesday 19th … Continue reading Kenya Seeks 50 Billion Shilling for Budgetary Support, But Market is Bearish