Nairobi Securities Exchange (NSE) expects the re-opened Sh250 million mobile traded M-Akiba bond to offer strong competition to the 364-day Treasury bill and two-year bond.
Geoffrey Odundo, the NSE chief executive, said Monday that the 10 per cent tax-free infrastructure bond set to mature in the next 18 months offers a return above what the government has accepted from papers below two years, making it attractive to investors.
