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Bond turnover surges to Sh777bn on investor demand
The demand for bonds has been driven by investor education, including through social media, and the emergence of investment clubs that take on board advice from professional investment advisors.
The value of bonds traded in the secondary market at the Nairobi Securities Exchange (NSE) in the six months to June more than doubled to Sh777 billion, surpassing the full-year total for 2023 as investors cashed in on demand for high-paying infrastructure bonds.
In the first half of last year, investors traded Sh309.9 billion worth of bonds, while the full-year total for 2023 stood at Sh643.9 billion.
