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Originally published by The Kenyan Wall Street
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October 24, 2025
3mo ago

Treasury Targets KSh 30Bn Early Buyback for Bond Maturing in November 2026

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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