01191nam a22002297a 4500 32910 OSt 20260707172457.0 080716t xxu||||| |||| 00| 0 eng d KE-NaSUL KE-NaSUL 32910 32907 The Standard Group 59058 Is time ripe for companies to tap into bond market? Odhiambo Ocholla Nairobi : Kenya The Standard Group Tuesday, March 3, 2009 pp. 12 The Standard The government issued the 'Infrastructure bond' with the objective of raising 18.5 billion to finance specific projects in roads, energy and water sectors, but ended receiving a whooping 26.8 billion from the market, representing an over subscription of 45% The issuance of twelve years 'Infrastructure bond' was a bold step and an important landmark in our capital market and this development should give more confidence to the private sector to start rolling out long-term bonds for funding infrastructure projects. Capital Markets -- Kenya 60009 Government Bonds -- Kenya 60010 The Financial Journal 60011 ART RG 32910 32907