The yield on Kenya’s 10-year Eurobond on the secondary market has gained steadily in the last five weeks, data by the Central Bank of Kenya (CBK) shows, an indication that global investors may be jittery about the country’s long-term economic prospects.
The yield on the $1.5 billion (Sh154.5 billion) bond rose by 0.154 percentage points last week to 6.54 per cent compared to a week earlier, data collated by the CBK showed.
