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 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…
Bond prices and yields (the interest rates) have an inverse relationship where the cost of purchasing a bond edge higher when…
Nigeria’s fixed-income market is beginning to shift away from one of its oldest habits: lending almost exclusively to the…
Under Kenya's sustainable finance framework, qualifying green bonds and sustainability bonds enjoy tax exemptions, including…
