Kenya offers 15-year Treasury bond for KES 15b
04 July 2013, 16:33
Nairobi - Kenya will auction a reopened 15-year Treasury bond worth up to KES 15 billion ($174 million) in July, the Central Bank said on Thursday.
The 15-year bond will carry a coupon rate of 11.25 percent and will be auctioned on July 24.
The last sale of a 15-year bond in April had a weighted average yield of 13.661 percent.
($1 = 86.2000 Kenyan shillings)
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