Nairobi, Jan. 26 -- The Central Bank of Kenya (CBK) has opened the sale of the February Treasury bond, with investors keeping an eye on yields ahead of a potential rate cut in next month's monetary policy committee meeting.

The sale, which closes on February 11, has seen the government reopen a 15-year paper first issued in 2019, and a 25-year bond that was initially auctioned in 2018, with a combined target of raising Sh50 billion.

The 15-year bond has a period to maturity of 8.4 years and pays an annual interest (coupon) of 12.34 percent, while the 25-year bond carries a coupon of 13.4 percent and remaining tenor of 17.3 years.

Besides the MPC rate decision on February 10, investors will be keeping an eye on the government's signal o...