The Central Bank of Kenya (CBK) has announced the reopening of three infrastructure treasury bonds totaling KSh 150 billion, inviting both institutional and retail investors to participate.
Bond Details and Investment Terms
- Tenors: Bonds have remaining maturities of approximately 9.3, 12.7, and 16.2 years.
- Coupon Rates: Tax-exempt interest rates range from 11.75% to 12.74%, exempt from the usual 10% withholding tax.
- Minimum Investment: Non-competitive bids start at KSh 50,000, making the bonds accessible to retail investors.
- Sale Period: July 30 to August 12, 2026, with bid submission deadline at 10:00 AM on August 12.
- Auction and Settlement: Auction scheduled for August 12, with settlement on August 17, 2026.
How to Participate
Investors can submit bids through their Central Depository System (CSD) accounts. Successful applicants will receive payment details via the CBK DhowCSD Investor Portal or app starting August 14, 2026.
The CBK retains discretion to accept or reject bids wholly or partially. Investors who default risk suspension from future government securities transactions.
Purpose and Contact Information
Funds raised will support various infrastructure projects across Kenya. Interested parties seeking further details may contact the CBK Financial Markets Department via phone at 2860000, visit regional offices, or email NDO@centralbank.go.ke.
