Central Bank of Kenya(CBK) has invited investors to participate in the tap sale of fixed coupon 5-year, 15-year and 25-year Treasury Bonds.
The sale period is between 15th March 2022 to 18th March 2022 or upon attainment of quantum, whichever comes first.
Bids will be priced at the average rate of the accepted bids for the treasury bonds auction value dated 14th March 2022 and adjusted for accrued interest. The value date is March 21st 2022.
The closing date is Friday, March 18th 2022, at 2.00 pm or upon attaining quantum, whichever comes first.
Investors should obtain details of amounts payable for successful bids from the Central Bank of Kenya on Monday 21st March 2022. Bids will be allocated on a first-come, first served basis.
The coupon rate for the five year, 15 year and 25-year T-bonds is 11.277%, 12.756% and 13.924%, respectively.
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