The price of Kenya’s maturing $2 billion (Sh306 billion) Eurobond has become volatile in secondary market trading as investors angle for a potential premium when the government settles a $300 million instalment of the bond later this month.
The 10-year sovereign bond, which was floated in June 2014 and trades on the Irish stock market, has seen its yields move up or down by more than a percentage point every week since the beginning of November.
