Rich investors earn Sh57bn from Treasury bond deals

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Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. 

Photo credit: File | Nation Media Group

Treasury bond investors made a profit of Sh57.6 billion selling their securities in the secondary market at the Nairobi Securities Exchange (NSE) in the first quarter of the year, underlining government paper's status as top earner ahead of shares and real estate.

They cashed in on demand for high interest infrastructure bonds amid a decline in returns from new issuances coming into the market to sell off their holdings at a premium to buyers.

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