Treasury to repurchase Sh53.5bn of 2028, 2032 Eurobonds

Under the tender offer, the State bought back Sh42 billion of the 8 percent 2032 notes and Sh11.5 billion of the 7.25 percent 2028 notes. The initial buyback target had been set at Sh65 billion. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenyan government is repurchasing Sh53.5 billion of its 2028 and 2032 Eurobonds as part of a strategy to manage its external debt obligations.

Sh53.5 billion ($415.35 million) in 2028 and 2032 Eurobonds will be repurchased.
The operation involves the National Treasury.
This initiative follows the recent successful raising of Sh290.3 billion ($2.25 billion) from the international bond market.

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