Kenya’s First International Bonds Rise on First Full Day of Trading

Kenya’s first-ever international bonds rose on their first full day of trading, propelled by almost $8 billion worth of orders which on Monday had helped make it the largest-ever debt sale by an African country.

Kenya sold two bonds, totaling $2 billion, yielding 5.875% for a five-year term and 6.875% for a 10-year.

Read more: Kenya’s First International Bonds Rise on First Full Day of Trading – Frontier Markets News – Emerging & Growth Markets – WSJ.

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