Kenya to sell 12-year Treasury bonds worth $292 million in Sept

Kenya will sell two-year and 10-year Treasury bonds worth a total 30 billion shillings ($292 million) this month, the central bank said on Sunday.

In a Reuters report, the bank said in a statement it would receive bids for the bonds until Sept. 19 and auction the two bonds on Sept. 20.

The two-year bond will have a market-determined coupon, while the reopened 10-year bond has a 12.966 percent coupon, the central bank said.

($1 = 102.8000 Kenyan shillings)

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