Kenya gets 300 proposals on settling Sh275bn Eurobond

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Eurobonds attract a fixed rate of interest during the life of the loan.

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Kenya has received more than 300 proposals offering various liability management solutions ahead of the maturity of the Sh275 billion Eurobond next year.

The proposals have given the government comfort that it will be able to settle its $2.0 billion, Sh275.8 billion at the current exchange rate, Eurobond due for maturity in June 2024.

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