Yields for Kenyan Eurobonds have risen by up to 1.7 percentage points in the last six months as the international debt market continues to become expensive due to higher US interest rates.
The increase in Eurobond yields — which indicates that their prices have fallen in the past six months — is mainly related to emerging and frontier markets selloffs following the hike of the US bench mark rate to two from 1.75 per cent in June.
