Kenya’s National Treasury has reopened three bonds to raise Ksh 60 billion in October for budgetary support. The Treasury Bonds, FXD1/2013/15, FXD3/2019/15 and FXD1/2021/25, have effective tenors of 6.4 years, 12.9 years and 24.7 years, respectively. The coupon rates are 11.3% for FXD1/2013/15, 12.3% for FXD3/2019/15 and 13.9% for FXD1/2021/25. The period of the sale … Continue reading Treasury Seeks Ksh.60 Bn from October Bonds Sale