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Treasury set to float Sh75bn roads bond

Treasury set to float Sh75bn roads bond Monday March 08 2021 By EDWIN MUTAI Summary The Treasury will float a third road bond of Sh75 billion by end of June, whose proceeds will be used to pay contractors and rehabilitate dilapidated network across the country. The National Assembly has directed the Treasury to issue the bond by end of the current financial year to raise the money from private investors. The Treasury will float a third road bond of Sh75 billion by end of June, whose proceeds will be used to pay contractors and rehabilitate dilapidated network across the country. The National Assembly has directed the Treasury to issue the bond by end of the current financial year to raise the money from private investors.

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