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The bond was oversubscribed by 300 percent with a total demand amounting to Sh270.8 billion ($3billion) compared to the needed Sh67 million ($750 million) and proceeds were received in Kenya’s accounts on December 3, 2014.
Rotich said the re-opening increased the size of the existing bond to Sh248 billion ($2.75 billion) from the Sh180 billion ($2 billion).
