Kenya will sell a 12-year infrastructure bond worth 30 billion shillings ($289.58 million) this month, the Central Bank said on Tuesday.

The bank said in a media advertisement that the fixed coupon amortised bond will have a 12.500 per cent coupon.

It will take bids until Feb. 21 and auction the bond on Feb. 22, it said.

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp