Treasury to sell Sh500 bonds to retail investors in new plan

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A screenshot of M-Akiba transaction. FILE PHOTO | NMG

The National Treasury is working to introduce a new version of the retail bond programme that will allow Kenyans to invest as little as Sh500, in what it sees as a bid to deepen the domestic debt market and reduce reliance on more expensive commercial loans from international markets.

This will be a revised version of the botched M-Akiba bond, which failed nine years ago and had a minimum investment threshold of Sh3,000.

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