The Sukuk has a 15-year tenor and will mature in May 2039.
By
George Ngigi
Correspondent
Nation Media Group
The State will withdraw the housing allowance of some Kenya Defence Forces (KDF) officers and use the funds to repay investors who bought the Sh3 billion Sukuk bond used to finance the construction of military housing.
Over 50,000 active military personnel have been onboarded into the Civil Servants Housing Mortgage Scheme in a new partnership…
Public debt stock is projected to reach Sh14.12 trillion by June 2027.
The CBK has been issuing discounts to investors in long-term bonds in a move that effectively raises their returns to reflect the…
KMRC targets a third bond tranche in 2028 after its Sh3bn green bond was oversubscribed, signaling strong demand for affordable…
In May this year, Kenya Mortgage Refinance Company issued a sustainability bond on Nairobi Stock Exchange(NSE). The listing…
The State Department for Housing and Urban Development dismissed claims that buyers risk losing their investments if a new…
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