The Central Bank of Kenya has announced the results of the buyback for the treasury bond issue No. FXD1/2023/003 dated 19/11/2025. The voluntary auction, which was just 6 months from the maturity of the bond in question, was aimed at managing the government’s debt maturities.
CBK received bids worth KES 34.3 billion, translating to a performance of 114.32% against the KES 30 billion that had been offered. The government opted to accept KES 20.1 billion, 58.5 % of the bids received. The bond has a coupon rate of 14.23%, which was issued on a market-determined auction.
CBK Buyback Results

This strategic move comes as Kenya’s debt servicing obligations are projected to exceed KES 1 trillion in interest payments alone during the 2025/2026 fiscal year, with latest data placing the total public debt is estimated at KES 12.05 trillion as at the end of September 2025.
Also read; CBK Reopens 2 Fixed Coupon Treasury Bonds Targeting KES 40B for Budgetary Support