Home Announcement CBK offers a 5 year and a 20 year fixed coupon Treasury Bond (FXD 3/2016/5) and (FXD 1/2016/20

CBK offers a 5 year and a 20 year fixed coupon Treasury Bond (FXD 3/2016/5) and (FXD 1/2016/20

• Total Amount – 25B
• Tenor – 5 years and 20 years
• Coupon rate for 5 year – market determined, coupon rate for 20 year – 14.000%
• Period of sale 08/09/2016 to 20/09/2016,
• Value date- 26/09/2016
• Minimum – Kes 50,000
• Redemption date for 5 year – 20/09/2021 and for 20 year – 01/09/2036
• Interest payable for 5 year – semiannually 20 year – semiannually
• Closure 2.00p.m on Tuesday September 20, 2016.
• Auction Date : 21/09/2016
• Trading on the NSE to commence on September 27, 2016
• The Bonds may be re-opened