Govt Turns to Shilling Bonds Amid Rising Dollar Pressure
submitted about 1 year ago by Samuelwriter_ke
submitted about 1 year ago by Samuelwriter_ke
- Kenya plans to sell shilling-denominated bonds abroad to diversify investors and manage public debt effectively.
- The government aims to reduce reliance on foreign loans and currency-denominated debt by issuing bonds in shillings, which can attract domestic capital inflows and strengthen the local currency.
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