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Treasury CS Ukur Yatani presents the 2021/22 budget to the National Assembly, on Thursday, June 10 2021. [David Njaaga, Standard]
Kenya is targeting to raise $1 billion (Sh108 billion) by issuing a fourth Eurobond, which will be used for budgetary expenditures.
The Standard has learned that the National Treasury has already started the book-building process by offering the 12 and 15-year notes at a coupon rate of between 6.75 and 6.875 per cent respectively.
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