The Central Bank of Kenya has floated treasury bonds worth Ksh21.65 billion at 12.280 percent per annum.
The bonds will be on offer from Tuesday, 26 November to Thursday, 28 November or upon attainment of quantum.
READ ALSO: CBK issues 10-year and 20-year bonds worth KSh 50 billion
Furthermore, CBK reports that the bids shall be priced at the Average rate of the accepted bids and adjusted for accrued interest.
Allotment is on a first-come-first-served basis as the bidding closes at 2 pm on Thursday.
Investors will obtain details of amounts payable for successful bids on Friday, 29th November 2019 and they are to make payment by 2 December 2019 by 2 pm.
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