By Andrew Kariuki

The Central Bank of Kenya (CBK) has released the results for the reopened Treasury Bonds Issue Nos. FXD1/2012/020, FXD1/2019/020 and FXD1/2021/025 dated May 11, 2026, with the government accepting bids worth more than Ksh94 billion.

According to the auction results released on May 6, investors submitted bids amounting to Ksh106.01 billion against the Ksh80 billion on offer, translating to an overall performance rate of 132.52% .

CBK accepted bids worth Ksh94.04 billion across the three reopened bond issues.

The FXD1/2012/020 bond, which matures on November 1, 2032, attracted bids worth Ksh47.94 billion, all of which were accepted. The bond recorded a market weighted average rate of 12.4655 percent and a coupon rate of 12%.

The FXD1/2019/020 bond, due on March 21, 2039, received bids worth Ksh17.57 billion, with Ksh14.53 billion accepted. It recorded a market weighted average rate of 13.3141% and carries a coupon rate of 12.8730% .

Meanwhile, the FXD1/2021/025 bond, maturing on April 9, 2046, attracted bids totalling Ksh40.49 billion, out of which Ksh31.97 billion was accepted. The bond posted a market weighted average rate of 13.7660% and a coupon rate of 13.9240% .

CBK further indicated that Ksh57.13 billion will go toward redemptions, while the government will realise Ksh36.9 billion in new borrowing from the auction.

The Central Bank also announced that details of forthcoming Treasury bond issues for June 2026 will be provided in a prospectus ahead of the next auction.