By
Victor Juma
Business Editor
Nation Media Group
Standard Chartered Bank Kenya has been given the task of buying and safekeeping government bonds and Treasury bills for international investors in a new deal with the Central Bank of Kenya (CBK).
The deal will see the Nairobi Securities Exchange-listed firm earn substantial fees as the National Treasury seeks to deepen the base of investors buying the country’s debt instruments.
By
Victor Juma
Business Editor
Nation Media Group
Standard Chartered Bank Kenya has been given the task of buying and safekeeping government bonds and Treasury bills for international investors in a new deal with the Central Bank of Kenya (CBK).

Bond prices and yields (the interest rates) have an inverse relationship where the cost of purchasing a bond edge higher when…

Approval clears the way for integration as StanChart sharpens its focus on higher-return banking segments.

Reopened bonds normally come with an existing coupon or actual interest rate that was set when the bonds were floated for the…

Mbadi's directive effectively places the State-owned lender at the centre of public sector transactions.

The attractiveness of the corporate bonds has been aided by lower interest rates on bank deposits and treasury bills besides a…

Kenya’s banks face tougher capital rules as regulators push for stronger, more stable financial institutions through…