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Government extends M-Akiba bond offer

 

National Treasury Cabinet Secretary Henry Rotich (centre) and other officials during the launching of the Sh1 billion M-Akiba bond on June 30. It has not attracted the same interest as the debut bond in March. [File, Standard]

The National Treasury has extended the sale of the mobile phone-based M-Akiba bond by two months following lacklustre participation by investors, raising questions about the bond’s special treatment by regulators.

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