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Bond trading hits two-year high in returns race
Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. The Nairobi Securities Exchange (NSE) incubator programme, Ibuka has struggled to revive listings on the bourse more than five years since launching in December 2018. FILE PHOTO | NMG
The monthly value of bonds traded at the Nairobi Securities Exchange (NSE) hit a two-year high in September as investors sought to secure high-yielding securities issued recently by the government.
NSE data shows the traded turnover for the securities rose to Sh96.2 billion, which was 79 percent higher than August’s turnover of Sh53.9 billion. This was the highest value recorded since September 2021 when a volume of Sh118.2 billion was recorded.
