Treasury fails to meet June Bond target, raises Ksh.19.6 billion
The National Treasury failed to meet its June 23, 2022 tap sale of Ksh.25 billion when it managed to raise Ksh.19.6 billion. The three-year and fifteen-year fixed-rate Treasury Bond represented a 78.4 percent drop in the Ksh.25 bids. Treasury received bids totaling Ksh.21.2 billion. Interest rates remained