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Bonds issuing banks face thin margins

A Kenya Commercial Bank banking hall. Chase Bank’s fixed Sh4.8 billion note is paying 13.2 per cent. PHOTO | FILE

Banks that have issued corporate bonds at high rates for on-lending face thin trading margins under the current rate-capping regime.

This may mean the institutions could stop issuance of any remaining tranches or sharply cut offered rates going forward.

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

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