The Central Bank of Kenya offers to eligible investors the opportunity to participate in a Tap Sale of the tax-free 15-year infrastructure bond.
- The amount on offer is KES 35 Billion.
- The period of sale is to run from 30th January 2018 to 1st February 2018.
- Bids shall be priced at the weighted average rate of the accepted bids for the Treasury Bonds auction value dated 29/01/2018 and adjusted for accrued interest.
- The average yield rate for the 15-year infrastructure bond is 12.505% and the adjusted average price (per KES 100.00) is KES 100.174. Bids will be allotted on a first-come-first-served basis.
(Sources: Apex Capital, CBK)
