Kenya to offer Sh30 billion infrastructure bond in December
News
By
Reuters
| Nov 27, 2015
Kenya will issue a nine-year infrastructure bond for up to Sh30 billion in December to fund energy, water and road projects, the central bank said on Friday.
The bond, which will be auctioned on December 9, will be free from payment of any income tax and it will come with a coupon of 11 percent, the bank said. It will be on sale from December 1 to December 8.
Share this story
- Ogolla's death adds to list of dark chapter in Nyanza history
- Expert: The shilling has regained value, but don't expect it to last
- Firm linked to fake fertiliser calls for arrest of Linturi, NCPB boss