Investors in February’s infrastructure bond minted Sh2.7 billion in profits across seven months by selling the paper in the secondary market, picking up a premium driven by demand from buyers.
The paper, which offers the highest return to investors in 2024 with an 18.4607 percent coupon registered 7,936 trades on the Nairobi Securities Exchange (NSE) in the period to the end of September for a consideration of Sh35.2 billion against a Sh32.5 billion face value.
