Retail investors’ share of State debt up to 11pc

The Central Bank of Kenya in Nairobi.

The Central Bank of Kenya in Nairobi. PHOTO | FILE | NMG

Photo credit: File | Nation Media Group

The share of domestic debt held by retail investors has shot up to a new high indicating the greater participation of the investor class in the just-closed infrastructure bond sale.

According to data from the Central Bank of Kenya (CBK), domestic debt held by the retail investors rose to 11.52 percent as of February 16 from 11.38 percent on February 9.

PAYE Tax Calculator

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