The Kenyan Government through the Central Bank has invited bids for a 12-year fixed coupon amortised infrastructure bond worth up to Ksh 30 billion.
In a statement, the CBK said the funds will go towards supporting projects in roads, energy and water.
The Bank will be receiving bids from today 7th February to Tuesday 27th and the auction date will be held on Wednesday 27th of the same month.
The bond has been floated at a coupon rate of 12.500% and will be listed on the Nairobi Securities Exchange as from 28th February with possibilities of being re-opened at a future date.
