The Central Bank Of Kenya has announced a new bond issuance to fund crucial infrastructure development projects, inviting investors to participate in a tax-free investment opportunity.
Key Highlights:
- Total Bond Value: KES 70 billion
- Sale Period: 23rd January 2025 to 12th February 2025
- Interest Rates: 13.9380% & 14.3990%
- Minimum Investment Amount: KES 50,000
- Maturity Dates:
- Principal Redemption: 4th November 2030- 50% on principal amount
- Outstanding Principal Redemption: 27th Oct 2036- 100% final redemption on principal amount
- Tax Implications: Fully tax-exempt
The bonds present an attractive investment option for institutional and individual investors seeking long-term, government-backed securities with significant tax advantages.
Interested investors can buy Treasury bonds through the Dhow CSD Mobile App or Web Portal. They can create bids by logging into the Investor portal and choosing between competitor and non-competitor bids.
