Kenya has ruled out a return to the global capital markets before the close of the year, citing rising borrowing costs due to the escalating tariff tensions between major economies.
The Central Bank of Kenya (CBK) said the earliest return to the global markets with a Eurobond issuance will be in 2026 as the government adopts a cautious stance, opting to wait out the emerging tightening of global financial conditions that are pushing sovereign borrowing costs up.
