The National Treasury is seeking an additional Ksh.25 billion from the domestic credit market to wrap up its local borrowing program for the 2021/22 fiscal year. The Central Bank of Kenya (CBK) which is the exchequer’s primary fiscal agent has put out a prospectus for a tap sale on two Treasury bonds issued in April this year. The two bonds include a three year paper that features an 11.766 per cent coupon rate and a longer dated fifteen year paper with a 13.942 per cent coupon. The tap sale is expected to run until June 23 but may close earlier upon the attainment of quantum.