The Kenyan government is seeking a fresh loan of Ksh50 billion through a treasury bond auction as the new financial year begins, aiming for budgetary support.

• Ksh50 billion will be raised through a bond auction for fixed-coupon securities with rates of 13.2% and 13.4%, maturing in 2038 and 2043.
• The Central Bank of Kenya (CBK) announced the auction details, warning that defaulters may be suspended from future investments.
• Kenyans can participate with a minimum non-competitive bid of Ksh50,000, while competitive bids start at Ksh2 million.