The Kenyan Government has successfully raised over Ksh 60 billion from local investors through the reopening of two long-term Treasury bonds, demonstrating strong domestic confidence in lending to the government.

• The auction, managed by the Central Bank of Kenya (CBK), attracted total bids of Ksh 73.15 billion, exceeding the government’s target of Ksh 60 billion.
• The 25-year bond (FXD1/2022/025) was more popular, attracting bids worth Ksh 48.18 billion, with Ksh 40.34 billion accepted.
• Investors will earn average interest rates of 13.26% for the 20-year bond and 13.76% for the 25-year bond, with predictable semi-annual interest payments.
• The funds will be used to repay maturing debts and support domestic financing needs, as announced by Director of Financial Markets David Lwanga.