Bonds turnover rises threefold on excess liquidity

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Central Bank of Kenya. FILE PHOTO | NMG

Bonds turnover on the Nairobi Securities Exchange (NSE) rose threefold last week as investors who missed out on the September infrastructure bond sale sought to buy the securities in the secondary market.

Market data from the exchange shows that investors traded Sh40.53 billion worth of bonds last week, a 237.6 percent increase on the previous week’s volumes of Sh12 billion.

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