Kenya's National Treasury has initiated an early buyback of its $1 billion (KSh 129.23 billion) 7.25% Eurobond maturing in February 2028. It issued a new bond.

The new bond is being issued in two tranches of seven and 12 years, which will mature in October 2033 and October 2038, ...

Youth leaders are demanding a debt audit and the cancellation of costly loans, saying Kenyans are paying higher taxes while services stall and corruption drains public funds. Kenya spends 78 per cent ...

NAIROBI (Reuters) -Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the government leans on the domestic debt market to fund its ...

Kenya's public debt has climbed sharply by 32.9 per cent to Sh11.51 trillion by May 2025 since President Ruto's administration assumed office in September 2022. [File, Standard] President William Ruto ...

NAIROBI, Aug 19 (Reuters) - Kenya is exploring buying back maturing local bonds using proceeds from the corresponding sale of longer-dated bonds to manage a wall of maturities and ease the strain on ...