Kenya Eurobond yields rise slightly despite ratings outlook upgrade

BDEurobond

Rising yields imply that investors deem the traded securities as riskier while falling yields imply a lower risk stance.

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Interest rates on Kenyan Eurobonds which trade in international markets have risen slightly, showing a negative response from investors despite Moody’s ratings outlook upgrade on Saturday.

Moody's revised the country's outlook to positive from negative on the back of what it said were expectations of reduced risks of debt burden and liquidity.

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