Treasury to launch Sh5 billion mobile traded bond on Thursday

NAIROBI, KENYA: The government has finally settled on a date for the launch of Sh 5billion mobile traded bond.

National Treasury CS Henry Rotich on Tuesday sent an invite to media houses over the launch set for Thursday 23 at Treasury Building.

The sh5 billion bond also known as the M-Akiba bond is to be sold at minimum denominations of Sh3,000 through the mobile money platforms.