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    CBK Issues a 50Bn Treasury Bond

    Wandiri
    By Wandiri Gitogo
    - May 05, 2020
    - May 05, 2020
    Kenya Business news
    CBK Issues a 50Bn Treasury Bond

    CBK has announced the issuance of a 5-year Ksh50 billion bond for budgetary support in May. In a prospectus seen by Kenyan Wallstreet, CBK says that the auction date is Wednesday 6th of May.

    The market-determined bond will mature in May 2025 with CBK encouraging investors to use treasury mobile direct or internet banking to purchase the bond.

    Other bonds issued in 2020 include;

    January : 5-year & 10-year Ksh50B bond for Budgetary support

    February: 15-year and 25-year Ksh50B bond for budgetary support

    March: 20-year and 25-year Ksh50B bond for budgetary support

    April: 9-Year amortized Ksh60B bond for funding of infrastructure projects in the FY 2019/20 budget estimates

    RELATED

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    Kenya’s Central Bank Introduces Mobile Based Bonds

    The Kenyan Wall Street

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