Yields on Kenyan Eurobonds have fallen into the single digits territory as investor jitters wear off following the partial payment of the Sh285.6 billion ($2 billion) debut Eurobond.
Interest rates on the Eurobond maturing in June have, for instance, tumbled to 9.93 percent as of Monday’s close from a high of 15.09 percent on February 9, 2024.
