China Loan USD 600 Million - Kshs 84,312,006,656
|
Creditor |
|
|
Creditor Category |
Commercial Bank |
|
Borrower |
Government of Kenya |
|
Borrower Category |
Central Government |
|
Date Agreement Signed |
20-May-2016 |
|
Date Loan Matures |
20-May-2023 |
|
Original Agreement |
600,000,000 (USD) |
|
Revised Amount |
600,000,000 (USD) |
|
Amount in Kshs(2023) |
84,312,006,656.00 |
|
Interest Rate |
Libor + 4.95 |
|
Terms |
Loan of USD 600,000,000.00 Repayable in Semi Annual Instalments commencing 20th November, 2019 and ending on 2th May, 2023. |
Num |
Year |
Amount at Start |
Withdrawals |
Repayments |
Amount at end |
|---|---|---|---|---|---|
|
1 |
2023 |
(USD) 175,000,000.00 |
0.00 |
175,000,000.00 |
0.00 |
|
2 |
2022 |
(USD) 337,500,000.00 |
0.00 |
162,500,000.00 |
175,000,000.00 |
|
3 |
2021 |
(USD) 412,500,000.00 |
0.00 |
75,000,000.00 |
337,500,000.00 |
|
4 |
2020 |
(KSH) 57,542,793,750.00 |
0.00 |
15,974,250,000.00 |
43,940,490,000.00 |
|
5 |
2019 |
(KSH) 60,630,000,000.00 |
0.00 |
3,850,500,000.00 |
57,542,793,750.00 |
|
6 |
2018 |
(KSH) 62,227,020,000.00 |
0.00 |
0.00 |
60,630,000,000.00 |
|
7 |
2017 |
(KSH) 60,661,320,000.00 |
0.00 |
0.00 |
62,227,020,000.00 |