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The Standard Group Plc is a
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influence in matters of national and international interest.
Central Bank of Kenya (CBK) and lenders are locked in a battle over the cost of the country’s internal debt as pressure mounts for the Government to borrow ahead of elections.
A highly placed source at the Central Bank told The Standard the regulator is not willing to bow to the tactic by a cartel of fund managers to bid very highly for Treasury bonds and bills.
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