*As per the Exchequer Releases for April 2025* Exchequer closing balance increased significantly from Ksh 2 billion as at end of February 2025 to Ksh 112 billion as at end of March 2025 before reducing to Ksh 80 billion in April. This was driven by an amount of Ksh 110 billion being proceeds from Eurobond issuance. The government issued a USD 1.5 billion bond in February 2025 to ease liquidity challenges. Source: https://ipfglobal.or.ke/wp-content/uploads/2025/06/GoK-Exchequer-releases-April-2025-infographic-by-IPF.pdf