State eyes Sh60bn in second bond sale in September
Nairobi, Sept. 9 -- The Central Bank of Kenya (CBK) is back in the market with a Sh60 billion Treasury bond sale as the government keeps up its rapid rate of domestic borrowing early in the fiscal year.
In the sale, the CBK has reopened a 20-year bond from 2019 at 12.87 percent and a 30-year paper first issued in April 2026 at a rate of 12.5 percent.
This is the second Treasury bond issuance this month, after the earlier auction of reopened 15 and 30-year papers on September 2, which netted Sh47.7 billion against a target of Sh60 billion.
Overall, the State had set a target of Sh120 billion from the September bond issuances, looking to add to the Sh406 billion in net domestic borrowing it achieved in July and August.
The full year bor...
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