Retail investors overtake insurers, parastatals in bond holdings

The Central Bank of Kenya in Nairobi.

The Central Bank of Kenya in Nairobi. 

Photo credit: File | Nation Media Group

Retail investors hold a larger share of government debt than insurance firms and parastatals combined, cementing their status as the fastest-growing class of domestic lenders to the State.

Data from the Central Bank of Kenya (CBK) shows that the retail investors held 12.52 percent of the State’s gross domestic debt of Sh5.26 trillion as at April 5, translating to actual lending of Sh658.32 billion.

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