× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Central Bank: Kenya to sell 20 year infrastructure bond worth Sh50b

By Reuters | Nov 12th 2018 | 1 min read
By Reuters | November 12th 2018

Government will in November sell a 20-year amortised infrastructure bond worth Sh50 billion, whose proceeds will be used to fund road, water and energy projects, and the central bank said on Monday.

The bond will have an 11.950 percent coupon, it said, adding that it would accept bids for the bond from Monday to Tuesday, and auction it on Wednesday.

Share this story
Vodacom half-year profit down 13.5 percent
South African mobile phone group Vodacom reported a 13.5 percent fall in half-year profit
China rejected Kenya's request for Sh32.8b debt moratorium
China is Kenya’s largest bilateral lender with an outstanding debt of Sh692 billion.