The National Social Security Fund (NSSF) and a civil servants' pension scheme bought more than half of the Sh44.7 billion Talanta Bond, underlining the growing link between state-backed agencies and government-driven fundraisers.
Regulatory filings with the Retirement Benefits Authority (RBA) show that NSSF and the Public Service Superannuation Fund (PSSF) invested Sh24.19 billion, or 54 percent of the bond, which was used to build the 60,000-seater Talanta stadium.
