Infrastructure bonds tend to be popular with investors due to their tax-free status, making them a useful tool for the Treasury when it is looking to raise large sums from the domestic market.
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Sunday, August 02, 2026 - 4 min read
The Central Bank Of Kenya.
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The CBK has been issuing discounts to investors in long-term bonds in a move that effectively raises their returns to reflect the…
The CBK has in recent months reopened long-term bonds that carry annual interest of between 12.9 and 14.2 percent.
Bond prices and yields (the interest rates) have an inverse relationship where the cost of purchasing a bond edge higher when…
Reopened bonds normally come with an existing coupon or actual interest rate that was set when the bonds were floated for the…
CBK has targeted Sh28 billion in each of its last two weekly T-bill auctions, with a higher quantum placed on the shortest dated…
National Treasury director-general Dr Duncan Pieterse says there is strong interest from institutional investors to support…
