The value of corporate bonds issued on the Nairobi Security Exchange (NSE) has dropped by Sh13.68 billion over the five years since 2014, triggering fears there could be total dry out by 2022 when the last of the current listed facilities mature.
Currently, there are 20 bonds issued by 12 companies with a total value of Sh57.6 billion compared to August 2014 when Kenya had 28 listings with a sum value of Sh71.28 billion.