The Central Bank of Kenya (CBK) has invited retail and institutional investors to participate in a KSh40 billion Treasury bond auction, with individual investors able to get started with as little as KSh50,000.
The move is part of the government's efforts to raise funds for budgetary support while encouraging greater public participation in government securities.
The offer includes the reopening of two fixed-coupon Treasury bonds with 15-year and 25-year tenors, giving investors an opportunity to earn fixed returns over the long term.
Retail investors can participate through non-competitive bids ranging from KSh50,000 to KSh50 million, while competitive bids require a minimum investment of KSh2 million per Central Securities Depository (CSD) account.
Making government securities more accessible
By maintaining the minimum investment at KSh50,000, CBK continues to make Treasury bonds more accessible to ordinary Kenyans seeking relatively low-risk investment opportunities.
Successful investors will receive regular interest payments throughout the life of the bond, with the principal repaid upon maturity.
Interested investors can submit bids through the CBK DhowCSD Investor Portal or mobile application before the auction closes.
Treasury bonds are also listed on the Nairobi Securities Exchange (NSE), allowing investors to trade them on the secondary market if they wish to exit before maturity.
The latest bond offer reflects the government's continued reliance on the domestic debt market to finance development and budgetary needs while giving more Kenyans an opportunity to grow their savings through government-backed investments.
