Investors are buying more infrastructure bonds compared to other treasuries in the secondary market, underlining the attractiveness of the securities whose returns have been higher.
The Nairobi Securities Exchange data shows that the value of infrastructure bonds traded in the four weeks of December 2022 was Sh26.42 billion, outpacing the Sh14.81 billion seen in transactions of two, five, 10, 15, 20, 25 and 30-year bonds.
