Markets

Kenya's central bank to sell 5 year Treasury bond this month

Published November 8, 2013 Updated November 8, 2013 12:10pm

NAIROBI: Kenya will auction a five-year Treasury bond to raise up to 10 billion shillings ($116.79 million) this month, the central bank said on Friday.

The bank said the bond would have a market-determined coupon and will be offered from Nov.8, with an auction on Nov. 20.