The Central Bank of Kenya (CBK) has reopened bids for two long-term fixed-coupon Treasury bonds, giving Kenyans an opportunity to invest in government securities starting from Ksh50,000.
According to the prospectus issued by the CBK on May 29, the reopened bonds include 15 and 25-year fixed-coupon Treasury Bonds, both aimed at raising a total of Ksh40 billion for budgetary support.
The first bond, FXD1/2020/015, has 8.7 years remaining to maturity and carries a coupon rate of 12.756 percent. It is scheduled to mature on February 5, 2035.
On the other hand, the second bond, FXD1/2018/025, has 17.1 years to maturity and offers a coupon rate of 13.4 percent, with a maturity date of May 25, 2043.
CBK stated that the sale period runs from May 29 to June 3, 2026, with bids due by 10 a.m. on June 3.
The auction will be conducted on June 3, while successful investors will settle their purchases on June 8.
CBK Invites Bids for 15- and 25-Year Treasury Bonds
CBK noted that investors can participate through non-competitive bids ranging from KSh50,000 to KSh50 million.
On the other hand, competitive bidders are required to invest a minimum of KSh2 million per Central Securities Depository account for each tenor.
The Central Bank said successful bidders will be able to access payment details through the CBK DhowCSD Investor Portal or mobile application on June 5.
“All successful bidders should obtain the payment key and amount payable from the CBK DhowCSD Investor Portal/App under the transactions tab on Friday, 5-June 2026, for FXD1/2020/015 and FXD1/2018/025,” read part of the statement.
Also Read: CBK Licenses 32 New Digital Lenders
Meanwhile, secondary trading of the bonds on the market will commence on June 8, in multiples of KSh 50,000.
The securities will also be listed on the Nairobi Securities Exchange, allowing investors to trade them before maturity.
CBK noted that the bonds qualify for statutory liquidity ratio requirements for commercial banks and non-bank financial institutions as provided under the Banking Act.
The regulator further said investors may use government securities as collateral to access loans from regulated financial institutions through the pledge facility.
Also Read: CBK Reveals Banks with Lowest and Highest Loan Interest Rates [FULL LIST]
How Kenyans Can Participate in the Latest Treasury Bond Sale
To participate in the bond sale, investors must have a DhowCSD account with the Central Bank of Kenya.
Those without an account can register online using a valid email address, a mobile phone or computer, and an active mobile number registered with a Kenyan network provider.
Applicants are required to provide their Kenya Revenue Authority (KRA) PIN, settlement bank account details, a recent passport-size photograph, and a valid identification document such as a national identity card, passport, or alien card.
CBK advises applicants to complete the registration process within seven days, after which incomplete applications are automatically deleted from the system.
Once registration is successful, investors receive a username via email, which, together with their email address, can be used to access the platform.
The regulator also allows joint DhowCSD accounts, provided each account holder first registers an individual profile. Any changes to email addresses or settlement bank details must be submitted to CBK for approval.
Follow our WhatsApp Channel and X Account for real-time news updates.
