Retail investors redeem Sh30bn Treasury bonds

FILE PHOTO | NMG

Retail investors in government securities redeemed Sh30.8 billion worth of maturing debt in the week to June 24, cutting their total holdings of State debt by 11 percent.

The Treasury registered bond maturities worth Sh67 billion in June from a 15-year bond paper sold in 2007 and a 10-year bond floated in 2012.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.