This archive report was first published on 27 November 2019.
On November 26-28, 2019, the Central Bank of Kenya floated treasury bonds worth Ksh21.65 billion at an annual interest rate of 12.280 percent.
The bonds were available for bidding from Tuesday, November 26, to Thursday, November 28, or until the required amount was reached.
According to the Central Bank of Kenya, the accepted bids would be priced at the average rate of the successful bids, adjusted for accrued interest.
Investors who successfully bid for the bonds would receive details of their payment amounts on Friday, November 29, and were required to make payment by December 2, 2019, at 2 pm.
