The attractiveness of the corporate bonds has been aided by lower interest rates on bank deposits and treasury bills besides a dearth of new auctions of medium-term bonds by the Central Bank of...
By
Victor Juma
Business Editor
Nation Media Group
Investors have demonstrated a strong appetite for Kenya’s corporate bonds, expanding a funding option for firms seeking new cash for their existing and new projects.
Government bonds are generating yields of between 8.9 percent and 14.7 percent in the secondary market at the Nairobi bourse.
The bonds market has grown in popularity among investors with a marked increase in holdings of the securities by retailers and…
Some IFBs issued in 2023 and 2024 pay investors rates of between 14 and 18.5 percent annually, making them the most expensive in…
Some IFBs issued in 2023 and 2024 pay investors rates of between 14 and 18.5 percent annually, making them the most expensive in…
The CBK has been issuing discounts to investors in long-term bonds in a move that effectively raises their returns to reflect the…
In the June sale, the higher yield demands were matched by price discounts of Sh2.86 and Sh5.28 per unit of Sh100 on the 15 and…
