Investors have increased their activity on the secondary bonds market at the Nairobi Securities Exchange (NSE) this year, reflecting increased demand for lucrative infrastructure bonds (IFBs) that are trading at a premium amid falling rates on new auctions.
NSE data shows that investors traded bonds worth Sh407.4 billion the first two months of the year, an increase of 23 percent compared to the Sh332.1 billion worth of paper traded in January and February 2024.