Bond sales at the NSE fall by 62pc in July due to lower liquidity

Bond turnover in the secondary market on the Nairobi Securities Exchange (NSE) fell by 62 per cent in July compared to June due to lower liquidity in the money markets and investors pushing funds into primary market securities.

Data compiled by Kestrel Capital shows that the turnover for the month stood at Sh21.3 billion compared to the Sh55.9 billion worth of trades recorded in June.