Kenya’s Eurobond yields fall to single digits

BDEurobond

The fall in yields would allow the government to contract a new Eurobond.

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Kenyan Eurobonds have fallen into single digit territory signalling the country’s ability to tap funding from the international capital markets at lower interest rates.

Yields on all six outstanding Eurobonds fell below 10 percent last week, mirroring the lower risk levels associated with Kenya’s sovereign external debt issues.

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Note: The results are not exact but very close to the actual.