T
Originally published by The Kenyan Wall Street
📰 Read Full Article
business
August 27, 2025
1d ago

CBK Seeks KSh 60Bn in September Reopenings After IFB Record Haul

CBK Seeks KSh 60Bn in September Reopenings After IFB Record Haul

CBK targets KSh 60Bn in September reopenings of three bonds after raising KSh 270Bn from August IFB sales to plug the 2025/26 deficit...

✨ Key Highlights

The Central Bank of Kenya (CBK) will seek to raise KSh 60 billion in September 2025 through reopenings of long-dated treasury bonds, as the government continues its domestic borrowing efforts to address the budget deficit. This follows a record haul in August, where the CBK raised nearly KSh 270 billion from infrastructure bond reopenings and a tap sale.

  • The new offerings include a 20-year bond (FXD1/2018/020), a 25-year bond (FXD1/2022/025), and a 30-year bond (SDB1/2011/030), each with specified amounts and maturity dates.
  • The CBK has already covered over 40% of the KSh 635.5 billion domestic borrowing target for FY 2025/26.
  • The August infrastructure bond sale attracted bids totaling KSh 323.4 billion against a KSh 90 billion offer, with KSh 95.01 billion accepted initially, followed by a KSh 179.77 billion uptake from a tap sale.

Continue Reading

Read the complete article from The Kenyan Wall Street

📰 Read Full Article