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CBK Issues a 50Bn Treasury Bond

Wandiri GitogobyWandiri Gitogo
May 5, 2020
in Kenyan News
Reading Time: 2 min
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;

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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

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