NSE secondary bond market crosses Sh1trn mark in first quarter

Data from the Central Bank of Kenya (CBK) shows households held Treasury bills and bonds worth Sh428.8 billion in December 2025, up from Sh365.9 billion a year earlier, signalling increased retailer participation.

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The value of bonds traded in the secondary market rose by 49.1 percent in the first three months of this year, compared to a similar period last year to cross the Sh1 trillion mark, as investors hunted for older government paper with higher returns.

Data from the Nairobi Securities Exchange (NSE) shows the value of bonds traded in the quarter ended March 2026 was Sh1.08 trillion compared to Sh724.8 billion over the same period last year.

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