The National Treasury has floated a KSh60 billion infrastructure bond, with financial analysts, expecting aggressive bidding. The 9-year bond is intended to fund infrastructure projects in the fiscal year 2019/20 budget estimates. It has a 10.850% coupon rate.  “The Bond will be tax-free as is the case for infrastructure Bonds as provided for under the … Continue reading Kenya Treasury Floats KSh 60 billion Nine Year Infrastructure Bond