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Kenya's piling debt

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Kenya's piling debt · LEAD

Details of Kenya’s Sh108bn fresh Eurobond

Debt ridden Kenya has once again raised Sh108 billion ($1 billion) in a fresh Eurobond. The bond issued at an interest rate of 6.3% for the 12-year bond is the fourth sovereign debt to be floated by the country under President Uhuru Kenyatta’s administration since 2014. The National Treasury reported that the offer that was […]

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