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Investors mint Sh134 billion from bond sales in nine months
The rise of bond prices in the secondary marketplace puts government paper sales on course to be among the highest returning asset class of 2025 behind local equities which have averaged a higher return of over 45 percent through October 28.
Sellers of government bonds at the Nairobi bourse minted Sh134 billion in profits in nine months to the end of September as the price of the securities rose on falling interest rates.
The price of bonds at the Nairobi Securities Exchange (NSE) has soared this year as interest rates in the primary securities market fall, increasing the demand for previously issued government papers that offer relatively higher returns to investors.
