Bonds Stories
Opening the rating committee to public view signals a shift in financial power, aiming not just for fairer ratings but for a more just model of global...
African bonds are substantially mispriced, resulting in excessively high yields that are not justified by fundamentals, based on economic, fiscal and...
This decision, made official through a Gazette Notice dated April 11, aligns with Kenya's broader aim of deepening international trade ties.
According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.
Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...
CS Mbadi said the proceeds from this bond will be used to refinance existing external debt, including a planned buyback of a US$900 million (Sh116.3 b...
If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.
The IMF said on Wednesday that it would analyse the report and initiate consultations with authorities to address issues raised.
The auction, which closed on Wednesday, included two long-term bonds, the 15-year bond, first issued in 2018, and the 25-year bond that debuted in 202...
The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...
The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...
MPs accused banks of abandoning their role in supporting start-ups and small businesses in favour of the lucrative but less impactful investments in g...
Seeking to onboard retail and small-scale investors to the bond market, the platform will allow them to acquire government securities for as little as...
Agency warns the move could attract high costs and worsen their debt dynamics.
Kenya used the $1.5 billion it raised on February 12, 2024, in the Eurobond buyback issue to make the payment, thereby eliminating the risk of debt de...
Kenyans abroad send more than Sh650 billion back home annually, according to estimates by World Bank's Multilateral Investment Guarantee Agency (MIGA)...
