Bonds trading in the secondary market at the Nairobi Securities Exchange (NSE) nearly ground to a halt on Monday as stockbrokers instead raced to register clients on the new Central Bank of Kenya’s (CBK) depository, which will facilitate all new bond purchases going forward.
Trading data from the NSE showed that there was only one deal concluded on Monday on its bonds platform, a Sh37.6 million transaction involving the June 2023 seven-year infrastructure bond.
