×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Read on the App

Central Bank: Kenya to sell 20 year infrastructure bond worth Sh50b

Government will in November sell a 20-year amortised infrastructure bond worth Sh50 billion, whose proceeds will be used to fund road, water and energy projects, and the central bank said on Monday.

The bond will have an 11.950 percent coupon, it said, adding that it would accept bids for the bond from Monday to Tuesday, and auction it on Wednesday.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in