Why analysts see bond turnover crossing Sh1 trillion this year

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NSE Chief Operating Officer David Wainaina. FILE PHOTO | NMG

Bond turnover at the Nairobi Securities Exchange (NSE) could cross the Sh1 trillion mark for the first time, with the latest data showing that in less than three months, it had already surpassed 60 percent of what was traded in the whole of last year.

By March 21, the bond turnover at the NSE was at Sh436 billion, or 67.8 percent of the Sh643 billion worth of bonds traded in 2023.

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Note: The results are not exact but very close to the actual.