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Originally published by The Kenyan Wall Streetbusiness
September 17, 2025
2h ago
Treasury Redeems KSh 15.2Bn 12-Year Tax-Free Infrastructure Bond
Treasury has redeemed the 12-year IFB1/2013/12 bond, settling KSh 15.2Bn. It follows two large redemptions recently worth over KSh 190Bn...
✨ Key Highlights
The National Treasury has successfully redeemed a KSh 15.2 billion 12-year tax-free infrastructure bond, IFB1/2013/12, on its September 15, 2025 maturity date. This move follows two other significant bond redemptions in the past six months, reducing the government's domestic debt.
- The redeemed IFB1/2013/12 bond had an 11% coupon and was originally issued in September 2013.
- This marks the third major bond redemption in 6 months, including FXD1/2020/005 (5-year) for KSh 99.6 billion in May 2025 and FXD1/2023/002 (2-year) for KSh 94.6 billion in August 2025.
- Remaining redemptions for 2025 total approximately KSh 54.9 billion, carrying lower coupons, which will offer slight financial relief to the Treasury.
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