The Standard Group creator text xxu Nairobi : Kenya The Standard Group Tuesday, March 3, 2009 monographic eng

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pp. 12 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. Odhiambo Ocholla Capital Markets -- Kenya Government Bonds -- Kenya 080716 20260707172457.0 32910