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Now State mulls making second stab at M-Akiba

CS for National Treasury Henry Rotich (second left) lead in launching the World First Mobile Traded Bond at Nairobi Securities Exchange (NSE) offices he is accompanied by Rose Mambo of Central Depository, Rita Okuthe of Safaricom and Paul Murithi Muthaura Chief Executive Capital Markets Authority on Friday, June 30, 2017. [Jonah Onyango/Standard]

Still smarting from an underwhelming performance of the first-ever mobile-based government bond last year, the National Treasury is ready to go back to the market.   

According to sources involved in ongoing consultations on the matter, the Government will issue an M-Akiba bond in the last quarter of this year.

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