Kenya to sell 15-yr Treasury bond this month – central bank

NAIROBI: Kenya will sell a 15-year Treasury bond worth 40 billion shillings ($398 million) this month, the central bank said.

The bank said in a statement on its website would receive bids for the bond until May 22, and auction it a day later.

The bond has a 12.650 percent coupon. ($1 = 100.5000 Kenyan shillings)