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Central Bank Confirms receipt of proceeds from Sh 202 Billion Eurobond sale

Central Bank of Kenya Governor Dr Patrick Njoroge has confirmed that proceeds from the recent Sh 202 Billion ($1.999Bn) Eurobond sale have already hit government accounts.

In a briefing on Monday, the Governor said they opened an offshore account with Citi Bank on 2oth February to receive the proceeds. On 12th March 2018, they transferred the entire amount to the consolidated fund belonging to the National treasury.

Here is a footage of the briefing with regards to Eurobond Proceeds;

ALSO READ; Treasury Set to Submit Interest Rate Cap Review Proposal to Parliament

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