The value of bonds traded in the secondary bonds market on the Nairobi Securities Exchange (NSE) jumped by 46 percent to Sh667.8 billion in the first quarter of the year, keeping the market on track to beat the record Sh1.5 trillion turnover realised for the full year in 2024.
Falling interest rates in primary auctions have forced investors seeking high-paying bonds to turn to the secondary market, raising demand for lucrative papers such as the infrastructure bonds issued between 2023 and 2024.
