Kenya central bank resumes bond salesfrom MARIA MACHARIA in Nairobi, Kenya
NAIROBI – THE Central Bank of Kenya (CBK) has announced the sale of five-year and 20-year treasury bonds at the tune of Sh20 billion.
In a statement, CBK said the offer for the re-opened five-year and 20-year treasury bonds commenced last Friday and will close next week.
The reserve bank also highlighted how the five-year and 20-year treasury bonds performed in their last sell.
CBK said at the last auction sometime in August 2014 the five-year bond fell from 11,934 to 11.126 per cent while the 20-year bond gained much weight from 12,981 percent to 13,357 per cent between May 2013 and June 2014.
– CAJ News
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