Bondholders booked a Sh14 billion profit from trade on the secondary market of the Nairobi Securities Exchange (NSE) in the second half of the year, taking advantage of high prices on infrastructure bonds.
Data from the Capital Markets Authority (CMA) shows that investors sold bonds that had a face value (or par value) of Sh309.6 billion for a consideration (traded turnover) of Sh323.6 billion in the quarter.
