The eleven year infrastructure bond Issue No. IFB1/2020/11 auction of August 2019 received bids amounting to KShs. 101.47 billion against a total offered amount of KShs. 70 billion.
This represented an over subscription of 44.96%.
The maturity date of the bond will be 11 August 2031.The weighted interest rate of accepted bids which totaled to KShs. 78.64 billion is 11.30%.