Individual investors and private firms have raised their investment in government debt by nearly half since the beginning of the current fiscal year, pointing to the growing popularity of bonds as an investment option among Kenyans.
Central Bank of Kenya’s latest data on holders of domestic debt shows that the class of investors comprising saccos, listed and private companies, self-help groups, educational institutions, religious institutions and individuals have raised their holdings of state debt by 41 per cent or Sh57 billion since July 1, to Sh194.9 billion.
