News
14 November 2018

Kenya to issue $489m domestic bonds to fund infrastructure projects

Region:
Middle East & Africa

Kenya will issue KES50 billion ($489 million) of domestic bonds to fund infrastructure projects. The bonds, which are to be issued on November 14, 2018, will have a maturity period of 20 years with an 11.950% coupon. The proceeds of this issuance will be used to finance the construction of a...

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