Why Kenya is considering a Eurobond buyback

IMF and World Bank are working to review the DSA framework for low-income countries within the next two years.
 

Photo credit: Shutterstock

President William Ruto last week revived Kenya’s hopes to buy back its 2014 debut Eurobond, after setting a new date for the buyback between February and March, bringing the sovereign bond buyback debate back into prominence.

What is a buyback?

PAYE Tax Calculator

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