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Originally published by The Kenyan Wall Streetbusiness
October 24, 2025
3mo ago
Treasury Targets KSh 30Bn Early Buyback for Bond Maturing in November 2026
CBK opened a KSh 30Bn buyback for FXD1/2023/003, a 14.2280% bond maturing Nov 2026, offering investors an early exit ahead of its redemption...
✨ Key Highlights
The Central Bank of Kenya (CBK), acting as Kenya's fiscal agent, has announced a voluntary early buyback of the three-year Treasury bond FXD1/2023/003, aiming to repurchase KSh 30 billion. This initiative allows investors to sell their bond holdings before the scheduled maturity on November 5, 2026.
- Target Buyback Amount: KSh 30 billion of the FXD1/2023/003 bond, which has an outstanding size of KSh 76.54 billion and a 14.2280% coupon.
- Key Organization: The Central Bank of Kenya (CBK) is facilitating the buyback.
- Important Dates: Bids must be lodged by 10:00 a.m. EAT on November 17, 2025, with settlement on November 19, 2025.
- Contextual Detail: This follows a similar KSh 50 billion domestic bond buyback in February 2025, aimed at reducing refinancing risk and managing upcoming maturities due to Kenya's heavy domestic redemption schedule.
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