Investors have offered to buy $8.8 billion against the government target of $2 billion, making it the largest ever debut Eurobond achieved by an African country.
The weighted average yield on Kenya's five-year Treasury bond is expected to rise at auction next week after policymakers raised lending rates for the second time in a month.
The central bank will sell the re-opened bond next Wednesday to raise up to 15 billion shillings ($146.34 million).
"We expec
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Reuters
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
