Home Announcement CBK Floats 12 year infrastructure Bond – IFB 1/2017/12, worth Sh30B

CBK Floats 12 year infrastructure Bond – IFB 1/2017/12, worth Sh30B

february-2017-treasury-inrastructure-bond-prospectus

• Purpose – partial funding of infrastructure projects in Roads, Energy and Water sectors
• Period of sale – 07/02/2017 to 21/02/2017,
• Value date – 27/02/2017
• Pricing – Discounted/Par/Premium
• Minimum amount – Kshs100,000
• Tenor – 12 Years
• Coupon rate – 12.500% pa
• Redemption date – 12/02/2029
• Trading on NSE – Commences on Tuesday 28/02/2017 in multiples of 50,000