Kenya to cross-list $2B Eurobond on the Nairobi Securities Exchange

A stock broker transacts shares during a trading session at the Nairobi Securities Exchange in Kenya’s capital Nairobi January 11, 2012.

Kenya plans to cross-list its $2 billion Eurobond on the Nairobi bourse in a move that will allow more Kenyans to have access to the bond, Deputy President William Ruto told an investment conference on Monday.

“I’m happy now that the stock exchange in Kenya is prepared to work with us as government to have dual-listing so that Kenyans can have access to the bond,” Ruto told a meeting of African securities exchanges.

Read more: Kenya to cross-list its $2 bln Eurobond on the Nairobi bourse | Reuters.

Recommended