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March 31, 2026
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Treasury Responds to Ksh53.6 Billion Bond Payment Delays

Treasury Responds to Ksh53.6 Billion Bond Payment Delays

Controller of Budget flagged bond payment delays, prompting questions about the Treasury’s cash flow, debt management and how the government is handling mounting pressures...

✨ Key Highlights

The National Treasury has refuted claims by the Controller of Budget, Margaret Nyakang'o, that Ksh53.6 billion in Treasury bond interest payments were delayed. The Treasury states all obligations were met on their due dates using the government's overdraft facility.

  • A dispute arose over the settlement of Ksh53.6 billion in Treasury bond interest payments due in May and June 2025.
  • The National Treasury insists all payments were on time, using the Central Bank of Kenya overdraft facility.
  • This situation occurs amid heightened scrutiny of Kenya's debt, with public debt reaching Ksh12.29 trillion as of December 2025.

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