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Cash-rich investors rush to park Sh105b in State bonds

Central Bank of Kenya (CBK) holds and manages foreign exchange reserves, is charged with the responsibility of formulating monetary policy to achieve and maintain price stability Feb 6, 2020. [Jonah Onyango, Standard]

Investors have flocked to secure their wealth in government paper, with the latest Treasury bond that Central Bank of Kenya (CBK) re-opened being oversubscribed by 262 per cent.

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