The Capital Markets Authority (CMA) has called for a revival of the M-Akiba mobile bond programme, saying it will enable more Kenyans to access the returns on offer from government bonds at a time other asset classes are offering low or negative returns.
The markets regulator also sees the bonds market as offering a safe haven option for local investors in a time of investment volatility, similar to the role the US bonds market is playing on a global scale for investors.
