Kenya Eurobond yields in mixed performance

ukur-yatani

National Treasury Cabinet Secretary Ukur Yatani during the launch of Economic Survey Report 2021 on September 9, 2021. NMG PHOTO

Yields on Kenya’s $6.1 billion (Sh671 billion) Eurobonds trading on the Irish and London stock markets have shown mixed movement in the nine months to September, reflecting the economic uncertainty caused by Covid-19 and concerns over high public debt.

Yields on the shorter duration Eurobonds have edged downwards since January, while those on the longer issues maturing in more than 10 years have gone up.

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Note: The results are not exact but very close to the actual.