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The Standard Group Plc is a
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Investors are watching how the standoff over the new tax measures and the budget cuts by the Government play out to gauge its appetite for debt, going by recent bond auction figures.
The bond auction on Tuesday received a rate of 81.1 per cent, with the 10-year and 20-year re-opened bonds that sought to raise Sh40 billion receiving bids worth Sh32.5 billion.
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