×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Government returns to domestic market for Sh35b budget support

The Government has come back to the domestic market for a loan, this time seeking Sh35 billion for budgetary support.

Through the Central Bank of Kenya (CBK), the Government yesterday floated two Treasury Bonds that become the first significant borrowing in the New Year. It also seeks to use the debt instrument to mop up Sh20 billion from the money markets as way of ensuring stability of the shilling.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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