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State to list roads Sh175bn bond on Nairobi bourse
Road construction in Bomet East on September 16, 2025. Kenya’s payment of Sh56.9 billion in pending bills has revived road projects and lifted construction growth.
Photo credit: Vitalis Kimutai | Nation Media Group
The government plans to sell the Kenya Roads Board (KRB) bond to the general public and list the security on the Nairobi Securities Exchange.
President William Ruto has confirmed the move to issue the bond through the public markets, a move away from an earlier proposal by KRB to target the issuance to investment clubs.
