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Govt Turns to Shilling Bonds Amid Rising Dollar Pressure

kenyans.co.ke/news/1...

submitted 12 months ago by Samuelwriter_ke

Govt Turns to Shilling Bonds Amid Rising Dollar Pressure

submitted 12 months ago by Samuelwriter_ke

Govt Turns to Shilling Bonds Amid Rising Dollar Pressure
  • 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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