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Kenya's central bank to sell 2-year, 10-year bonds in Feb
February 5, 2015 / 8:40 AM / 3 years ago

Kenya's central bank to sell 2-year, 10-year bonds in Feb

NAIROBI, Feb 5 (Reuters) - Kenya’s central bank said on Thursday it will sell new two-year and a re-opened 10-year Treasury bonds worth up to 25 billion shillings ($273.4 million).

The bank said the two-year bond’s coupon will be market-determined, while the 10-year paper will have a 12.371 percent coupon. Both bonds will be on sale between Feb. 5 and Feb 17, ahead of the auction on Feb. 18.

$1 = 91.4500 Kenyan shillings Reporting by George Obulutsa; Editing by James Macharia

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