CBK Opens Treasury Bonds Tap Sale at Up to 14.86 Percent Yield

Kenya’s Central Bank (CBK) has opened the gates for a tap sale of two Treasury Bonds, offering investors a shot at locking in yields up to 14.86 per cent before the window slams shut on Thursday.

The window to participate in the sale, running from Tuesday, 23rd to Thursday, 25th June 2026, is dependent on hitting the Ksh 20 billion target or when the facility closes, whichever happens first.

The offering is a fresh tap on re-opened issues FXD1/2018/020 and FXD1/2021/025, all with a dated maturity of 29th June 2026.

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CBK’s Ksh 20 Billion Treasury Bond Auction Details, Including Coupon Rates, Yields, and Pricing

The Central Bank of Kenya has pitched the amount at Ksh 20 billion on a first-come, first-served basis, effectively boosting the odds of getting full allocation for those quick on the draw.

For the FXD1/2018/020 bond, it carries a coupon rate of 13.2000% with an average yield of 13.9885% and an adjusted average price of Ksh 99.2733 for every Ksh 100.00.

The second issue, FXD1/2021/025, goes all out with a 13.9240% coupon rate and a promising average yield of 14.8636% with its adjusted average price at Ksh 96.1351 for every Ksh 100.00.

Successful applicants are advised that bids will be priced at the average rate of accepted bids from the 22nd of June 2026, Treasury Bonds Auction and adjusted for accrued interest.

The settlement for these transactions is set to occur on Monday, 29th June 2026.

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CBK Treasury Bills Auction Closing Dates and Payment Deadlines, with Information on Bond Yields

Bidding will close sharply at 2:00 p.m. On Thursday, 25th June 2026, or as soon as the issue is taken up, while payments for successful bids will be made by 2:00 p.m. On Monday, 29th June 2026.The

Central Bank of Kenya indicated in its advisory that successful bidders could access information about amounts payable on the DhowCSD Investor Portal or App starting from Friday, 26th June 2026.

For bonds, the authorities said that the yields above 13.9 percent and 14.8 percent provide reliable government yields, tax-free government yields and dependable yields in government debt.

The notice was issued by CBK on June 22, 2026, and is signed by Robert Aloo on behalf of the Director of Financial Markets.

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