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Kenya calms markets with Sh45bn early Eurobond repayment

Kenya calms markets with Sh45bn early Eurobond repayment
Capital Markets

Kenya calms markets with Sh45bn early Eurobond repayment


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President William Ruto speaking at Parliament on November 9, 2023, during the State of the Nation address. PHOTO | DENNIS ONSONGO | NMG

Kenya will pay back part of the $2 billion (Sh303 billion) Eurobond next month as it moves to calm a global financial market that has been jittery over the country’s ability to meet its obligations next June.

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