February 7, 2011

Central Bank of Kenya Issues First 30-Year Bond

The Central Bank of Kenya has successfully issued its longest term bond to date, further deepening the country's fixed income market. The sh18MN bond was issued at 12%, and will pay interest twice yearly. It's 30 year term is the longest ever by five years, and topples the former record holding 25 year bond which was issued in July 2010.

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