T-Bonds

Kenya’s Eurobond Issue Attracts Over $5 Billion

February 13, 2024
985 1 minute read
Kenya’s Eurobond Issue Attracts in Excess of $5 Billion
National Treasury Building in Nairobis Central Business District

Kenya’s most recent eurobond issuance garnered orders exceeding $5 billion, driven by expectations of lower US interest rates and high-yielding securities.

Kenya will, however, accept $1.5 billion of the seven-year debt at a 10.375% coupon rate, marking the highest payout by an African issuer this year.

The funds raised will be utilized to facilitate the repurchase of $2 billion in securities maturing on June 24, 2024.

The issuance of new bonds will also extend the average maturity of Kenya’s existing debt.

Kenya’s Ballooning Debt

Kenya is faced with a cash crunch, with approximately $5.2 billion in foreign debt payments due this year.

This is in addition to $2.7 billion in the next fiscal year.

Also Read: Kenya Sets Date to Buy Back it’s Maturing $2 Billion Eurobond

Also Read: Kenya to Issue $500 Million in Another Eurobond

Although the pricing came in below the initial guidance of around 11%, it remains higher than what other African sovereigns have issued this year.

Kenya’s Rates Compared to Other SSA Countries

For instance, Benin issued a 14-year instrument at 8.375%, while Ivory Coast raised capital at 8.5%.

“They decided to pay up to resolve the uncertainty related to this payment which was putting stress on the currency and domestic interest rates,” said Gordon Bowers, a London-based analyst at Columbia Threadneedle Investments who spoke to Bloomberg.

“If this settles the market’s nerves, paying up to access the market could very well be worth it.”

If this move calms market nerves, the cost of accessing the market could prove worthwhile.

Drop in Eurobond Yields

The yield on the eurobonds maturing in June has already dropped by 66 basis points to 10.68.

Kenya’s urgent need for market access led authorities to raise more funds than initially planned, despite the high yield.

“The signaling effect of issuing bonds at such high yields will need to be carefully managed in the medium-term,” said Samir Gadio, head of Africa strategy at Standard Chartered Plc

This step was taken to safeguard reserves.

February 13, 2024
985 1 minute read
Monitor Your Business Transaction
Photo of Lawrence Baraza

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Kenya's Treasury Orders Comprehensive Audit of Pending Bills

Notable Changes We’ve Picked in Kenya’s Proposed 2026/27 Fiscal Framework

5 days ago
CBK Extends Time for Kenya’s Bulk Payment Settlement System

What We Think is Driving Kenya’s Banking Prospects

5 days ago
The Debt Paradox; Why Lower Debt Doesn’t Always Mean Safety, Kenya and Singapore.

Kenya Grows 4.9% but Majority Still in Pain

6 days ago
EAC Allows Kenyan Firms to Import 208,600 Tones of Sugar

Duty Free Sugar Market After 24 Years: A New Era for Production, Prices and Regional Trade

6 days ago

985 Comments

  638. of course like your web site but you need to check the spelling on several of your posts. A number of them are rife with spelling problems and I find it very troublesome to tell the truth nevertheless I will surely come back again.

  726. What i do not realize is in reality how you’re now not actually a lot more well-preferred than you might be right now. You are very intelligent. You already know thus significantly relating to this topic, produced me for my part believe it from numerous various angles. Its like women and men aren’t fascinated unless it is something to do with Lady gaga! Your own stuffs nice. All the time handle it up!

  795. Thanks for all of your labor on this blog. Betty take interest in getting into investigations and it is obvious why. A number of us notice all about the lively way you create efficient secrets through the blog and as well strongly encourage contribution from people on the area of interest so my simple princess is now becoming educated a great deal. Take advantage of the rest of the year. You’re performing a terrific job.

  800. I must convey my passion for your kindness in support of women who have the need for help with your concept. Your real commitment to getting the solution all over became quite practical and has without exception empowered guys and women much like me to attain their pursuits. This important publication signifies a whole lot to me and substantially more to my peers. Thank you; from all of us.

  810. I am now not certain where you are getting your information, however great topic. I must spend some time finding out much more or working out more. Thanks for magnificent information I was looking for this info for my mission.

  953. Hiya, I’m really glad I have found this info. Nowadays bloggers publish only about gossips and net and this is actually frustrating. A good blog with interesting content, this is what I need. Thank you for keeping this web site, I will be visiting it. Do you do newsletters? Can not find it.

  960. Maar wat maakt de spellen van Pragmatic Play zo speciaal? Het spelaanbod is divers en aantrekkelijk voor alle soorten spelers. Van klassieke fruitautomaten tot moderne video slots en live casinospellen, het aanbod is gevarieerd en van hoge kwaliteit. Hun sterke punten zijn de uitgebreide graphics, diverse spelelementen en het feit dat de spellen responsief zijn op zowel desktop als mobiel. Wat onderscheidt Pragmatic Play van andere providers zijn de vernieuwende thema’s en het blijven verbeteren van de speelmechanismen. Bij 711 Casino kun je nu gratis spins ontvangen voor het spel Sugar Rush Xmas. Deze gratis spins bonus is nog geldig tot en met 31 december 23:59 uur. Je kunt met de gratis spins spelen op de geselecteerde kerstgokkast van provider Pragmatic Play. Beste Slots 2025 Dagelijks van 10.00 – 22.00 uur
    https://legacy-citizenship.com/ontdek-het-hash-lucky-loyaliteitsprogramma-spaar-punten-en-win-meer/
    Playing online also gives you total privacy, your bankroll will be increased with two thousands coins. Once you have chosen a table, and the winner takes the pot. International casinos online one of the most acceptable bonuses offered on the online platform is the first deposit bonus, and the simulator allows you to enjoy all the thrills and excitement of the game without any financial risk. COPYRIGHT © 2015 – 2025. All rights reserved to Pragmatic Play, a Veridian (Gibraltar) Limited investment. Any and all content included on this website or incorporated by reference is protected by international copyright laws. Big Bass Bonanza is all about going on a fun fishing adventure, and this game represents a classic fishing-themed slot. You’ll be heading out on clear blue water to catch the biggest fish in the river. The game is full of fishing gear and all kinds of fish, from small to huge.

  962. Es ist wichtig, Sie können absolut Live-Roulette-Spiele mit Willkommensboni in Casinos in Kanada spielen. Insgesamt bietet das Krypto Mobile Casino eine einzigartige und aufregende Erfahrung für Spieler, obwohl an den Bonusbedingungen grundsätzlich noch einmal Hand angelegt werden sollte. Eine Navigationsleiste auf der rechten Seite der Spieleliste zeigt die Schaltfläche Meine Favoriten für die bevorzugten Spiele der Spieler, während das andere vor allem die Highroller anspricht. Vegaswinner casino 50 free spins wenn die Walzen aufhören zu drehen, indem Sie eines aus unserer Top-10-Liste unten auswählen. Um herauszufinden wie oft dir die expandierenden Symbole im Basisspiel Glück bringen und ob es sich lohnt den Einsatz dafür zu verzehnfachen, empfehlen wir dir den Slot zunächst einmal kostenlos zu spielen. Anschließend wechselst du an den Echtgeld Automat. Vergiss aber nicht dir Book of Fallen Freispiele in Casinos mit Freispielen als Geschenk zu schnappen.
    http://www.ohlor.com/ice-casino-im-test-alles-was-deutsche-spieler-2025-wissen-mussen/
    Face a fearsome werewolf in the Curse of the Werewolf Megaways slot. With a humorous feel, it’s played with 6 reels and up to 46,656 ways to win from just 10p per spin. Offering transforming mystery symbols and 2 randomly-triggered base game modifiers which award high-value symbol stacks and a big guaranteed win, it focuses on the Free Spins feature. Inspirierte Unterhaltung hat den Start von angekündigt Großer Piggy-Bonus, ein neuartiges Slot-Spiel mit Schweinethema, bei dem die Spieler „den Speck nach Hause bringen“ können, online und mobil verfügbar. Big Piggy Bonus ist ein Spiel mit mittlerer Volatilität mit einem Auszahlungsquote (RTP) von 95 %, richtet sich an den gelegentlichen Online-Casinospieler. During respins, when the red wild moves to the left, a multiplier is increased by +1. The current multiplier is applied to all wins after each respin.

  964. Book of Dead, developed by Play’n GO, offers an adventurous plunge into Ancient Egypt. Players follow the explorer Rich Wilde as he searches for treasures in tombs. This slot features a free spins bonus round with expanding symbols, providing opportunities for substantial payouts. With an RTP of about 96.21% and medium volatility, it promises intriguing gameplay. Non è che non ci sia abbastanza acqua salata su questo pianeta, debito e dipendenti. Il direttore del Investigations and Enforcement Bureau ha anche condiviso che l’operatore di gioco d’azzardo ha segnalato i tre incidenti di cui sopra all’Ufficio in tempo reale e ha già preso il verificarsi dei fallimenti nella disciplina delle risorse umane nei confronti dei membri dello staff, in quanto presentano molte carenze rispetto a carte di credito.
    https://pennyblacktattoobutter.co.uk/2025/10/16/recensione-di-sugar-rush-scopri-le-migliori-opzioni-per-giocare-nei-casino-fiat-in-italia/
    Se esiste un titolo storico nel mondo delle slot online, quello è Book of Dead. In sintesi, Book of Dead è un gioco di slot avvincente che combina un’ambientazione affascinante con caratteristiche di gioco uniche e opportunità di vincite sostanziose. La sua popolarità è dovuta alla combinazione di un’alta RTP, volatilità significativa e l’emozionante tema dell’esplorazione dell’antico Egitto. Certamente sì! Basta visitare la nostra sezione dedicata alle slot gratis su Gambling per avere accesso non solo alla versione demo di Book of Dead, ma anche a tantissime altre slot machine, da giocare tutte in modo assolutamente gratuito. Questo prodotto non è disponibile. Scegli un’altra combinazione. Vivi l’avventura di Book of Dead oggi stesso su piattaforme affidabili come Stake, BC.Game o esplora la vasta libreria di titoli offerti da Play’n GO. Inizia a far girare i rulli e scopri i tesori nascosti nell’Antico Egitto!

  966. Note:Turning off profile transfers doesn’t affect profiles already transferred. You can turn on profile transfers again at any time from your Account page. However, gambling game baccarat games offered at higher limits. But any sites that offer poker for mobile devices should be accessible through a mobile web browser despite the fact that they arent legal, cash back and more. The casino accepts a choice of digital currencies including Bitcoin, and chimes in every once in a while on Casinomeister Webcasts. If there’s a choice between a telephone, video or in-branch appointment, you’ll get those choices when you book. Otherwise wins are always larger than the bet and easy to obtain, four week. Get a 20 free spins new customer registration bonus when you sign-up at Zeus Bingo – no deposit needed, five week or even six week period. Because such precedence and success clearly shouldnt weigh in on whats best for the future of the industry, bank transfer slots it is essential to note things like the duration it takes before you receive your money.
    https://shootingcore.com/2025/10/03/balloon-game-by-smartsoft-a-review-for-indian-players-2/
    The game’s main features include the Walking Wild and Treasure Collection. The Walking Wild appears randomly on the reels, triggering respins as it moves left across the screen. All wins with a wild symbol are tripled. During the Free Spins bonus, activated by landing three or more scatter symbols, players can collect key symbols to unlock special features: Another great thing about Jack and the Beanstalk is that it comes with a walking wild feature. This unique feature will make wild symbols appear in any spot in the reels and when it is spun or re-spun, it moves to the left side until it “walks” away from the reels. During the process, it substitutes several symbols which make it easy for you to earn perks. What is even greater is that all the wins you get from a wild symbol are always tripled.

  972. Amerikanisches Roulette ist beispielsweise eine Abwandlung zum klassischen Original. Erfahre, welche Vorzüge dir unsere Online Casino-Empfehlungen bieten. Lies, wie du mit iPhone und Android auch unterwegs unbegrenzten Spielspaß genießt und mit Echtgeld deine Unterhaltung steigern kannst. Erfahre, welche Möglichkeiten dir zur Ein- und Auszahlung zur Verfügung stehen und welche Wetten interessant sein können. Viele ELK Studios Slots verwenden expandierende Symbole, die sich über ganze Walzen ausbreiten können. Diese Wild-Funktionen schaffen dramatische Gewinnmomente und erhöhen das Spannungspotenzial erheblich. Mitte Dezember: Nachdem die Casinos zunächst nur zögerlich reagierten, zeigte sich im Laufe des Dezember, dass ein Casino nach dem anderen reagierter. Um Weihnachten offenbarte sich ein trauriges Bild: Die Partner des Spielotheken-Konzerns haben reagiert und die Spiele sind fast überall aus dem Angebot verschwunden.
    https://drlordajmer.com/plinko-von-bgaming-im-online-casino-ein-spannendes-glucksspiel-fur-spieler-aus-deutschland/
    Auf der Webseite von PayPal füllen Sie das Anmeldeformular mit den erforderlichen Daten aus, dass es bereits heute möglich ist. Die besten mobilen Online-Casinos in Kanada bieten Spielern die Möglichkeit, Spielautomaten von praktisch jedem technischen Gerät aus ohne Download zu spielen. Mit anderen Worten, sollte grundsätzlich im Demomodus starten und sich ein wenig umsehen. Viele Casinos haben bereits begonnen, Roulette-Spieler und Kunden. SlotoZilla ist eine unabhängige Website mit kostenlosen Spielautomaten und Slotbewertungen. Wir bieten keine Glücksspiele um echtes Geld an. Alle Inhalte auf der Website haben nur den Zweck, Besucher zu unterhalten und zu informieren. Glücksspiel ist in einigen Ländern illegal. Es liegt in der Verantwortung der Besucher, die lokalen Gesetze zu überprüfen, bevor sie online spielen. SlotoZilla übernimmt keine Verantwortung für Ihre Handlungen. Spielen Sie immer verantwortungsbewusst und lesen Sie bitte die Allgemeinen Geschäftsbedingungen! Spielteilnahme erst ab 18 Jahren. Glücksspiel kann süchtig machen.

  979. Where can I play slot machine games for free? We had already been given a taste of what the X Up feature could offer with Africa X Up, mega joker slot united kingdom as we also delve into the terms and conditions to sniff out any wagering requirements. Lottery syndicate is where 10, winning 1. If life is a game, a small physical brick-and-mortar casino outside of Pittsburgh owned by Hollywood Casino. The casino has a collection of more than 1,000 games, support is available via live chat but some casino sites also offer email and phone support. How do I get free spins without a deposit as part of a welcome bonus? In addition, the Mega Joker scam-free slot has a progressive jackpot up for grabs. Each spin contributes 3% to the jackpot, so keep an eye on the treasure chests. Note that the progressive jackpot is not available in the demo version of this Mega Joker slot review. You will need to join your preferred online casino and switch to real money mode to win the progressive jackpot.
    https://ecuaclic.store/sweet-bonanza-review-free-spin-multiplier-payout-rates-in-mobile-play/
    But before you go further, we would like to add that Fruit Shop Slots machine is excruciatingly simple yet filled with hidden powers. So, let’s unveil those powers, shall we? In the paytable you can see how many spins you can win with each of the fruits and the letters. There are two sections showing the spins awarded initially and the ones which are awarded additionally. See the red and cheerful cherries, with them, from 2 to 5 symbols, your spins will range from 1, for 2 and 3 symbols, to 2 for 4 symbols, and 5 spins for 5 symbols. The group of ripe watermelon, plum, orange and lemon has its rewards too. For 3 symbols of a kind of each of these, you will get 1 free spin, for 4 symbols there will be 2 spins, and for 5 symbols of a kind your reward will be 5 spins. These rewards will be applied again if you get matching combinations like the ones above after the free spins have kicked off.

  980. Candy Blitz slot oyununda büyük kazançları yakalamak için doğru yerdesiniz! Bu özel tanıtım videosunda, oyunu oynarken dikkat etmeniz gereken stratejileri ve ipuçlarını adım adım öğrenin. Her bir detayı inceleyerek, renkli ve lezzetli dünyasında kazançlarınızı artırın. Yaratıcı ve eğlenceli sunumumuzla, Candy Blitz’in büyülü atmosferine kapılacak ve kazançlarınızı katlayabileceğiniz yeni stratejileri öğrenme keyfini yaşayacaksınız. Hazır olun, tatlı kazançlar için heyecan verici bir yolculuğa çıkıyoruz! 10,000 Big Bass Lightning Blitz tarafından Reel Play BETO Slots tarafından 10,000 Big Bass Lightning Blitz İncelemesi Bigger Bass Splash tarafından Reel Kingdom 10,000 Big Bass Lightning Blitz tarafından Reel Play Candy Blitz slot oyununda büyük kazançları yakalamak için doğru yerdesiniz! Bu özel tanıtım videosunda, oyunu oynarken dikkat etmeniz gereken stratejileri ve ipuçlarını adım adım öğrenin. Her bir detayı inceleyerek, renkli ve lezzetli dünyasında kazançlarınızı artırın. Yaratıcı ve eğlenceli sunumumuzla, Candy Blitz’in büyülü atmosferine kapılacak ve kazançlarınızı katlayabileceğiniz yeni stratejileri öğrenme keyfini yaşayacaksınız. Hazır olun, tatlı kazançlar için heyecan verici bir yolculuğa çıkıyoruz!
    https://wintecheng.in/sugar-rush-megaways-slot-oyunu-incelemesi/
    Bu, Mostbet sitesine bağlı olmayan bir kumarhane sitesidir, ancak itibarı ve güvenilirliği şüphe götürmez. Mostbet sitesine üye olduğunuzda casino kategorisine göre arama yaparak burada Sweet Bienestar slot oynayabileceksiniz. Sweet Bonanza, görsel açıdan çekici, eğlenceli empieza enerjik bir slot oyunu olarak on line casino oyuncularının gönlünde taht kurmuştur. Bu, Mostbet sitesine bağlı olmayan bir kumarhane sitesidir, ancak itibarı ve güvenilirliği şüphe götürmez. Mostbet sitesine üye olduğunuzda casino kategorisine göre arama yaparak burada Sweet Bienestar slot oynayabileceksiniz. Sweet Bonanza, görsel açıdan çekici, eğlenceli empieza enerjik bir slot oyunu olarak on line casino oyuncularının gönlünde taht kurmuştur. Bu, Mostbet sitesine bağlı olmayan bir kumarhane sitesidir, ancak itibarı ve güvenilirliği şüphe götürmez. Mostbet sitesine üye olduğunuzda casino kategorisine göre arama yaparak burada Sweet Bienestar slot oynayabileceksiniz. Sweet Bonanza, görsel açıdan çekici, eğlenceli empieza enerjik bir slot oyunu olarak on line casino oyuncularının gönlünde taht kurmuştur.

  981. Die hohe Volatilität von Pirots 3 macht es besonders für Spieler attraktiv, die auf große Gewinne aus sind. Mit einem RTP von etwa 94 % liegt der Slot zwar etwas unter dem Durchschnitt, doch die potenziellen Auszahlungen gleichen das mehr als aus. Die Mischung aus Abenteuer und Glücksspiel macht Pirots 3 zu einem Erlebnis, das sowohl unterhält als auch herausfordert. Doch wie kann man dieses Piratenabenteuer am besten meistern? © 2025 Pirots3.de – Alle Rechte vorbehalten. Spielen Sie verantwortungsbewusst. Casinos und auch Online Casinos erfreuen sich bei Spielerinnen und Spielern weltweit grosser Beliebtheit. Das ist in der Schweiz nicht anders. Neben diversen unseriösen Anbietern hat sich 7melons.ch als Schweizer Online Casino verantwortungsbewusstes Spielen auf die Fahne geschrieben. Bitte lies dir dazu auch unsere Zusammenfassung Verantwortungsvolles Spielen mit hilfreichen Tipps und Hilfsangeboten durch. 
    http://aracatuba.odontoexcellence.com.br/?p=67187
    Online Casinos sind in Deutschland legal und durch den dritten Glücksspielstaatsvertrag reguliert. Online Casinos müssen strenge Auflagen erfüllen, um eine deutsche Casino Lizenz zu erhalten. Aus diesem Grund ist das Spielangebot im deutschen Casino online aktuell auf Online Slots, Online Poker, Sportwetten und Pferdewetten sowie Lotterien begrenzt. Der wohl größte Vorteil bei den Live Casino Spielen ist der integrierte Live-Chat, über den Sie Kontakt zu einem anderen Spieler oder dem Live Dealer aufnehmen können. Ebenso müssen Sie sich in einem Live Dealer Casino an keine Kleiderordnung halten und können 24 Stunden am Tag spielen. Welche weiteren Vorteile Live Dealer Casinos bieten, verraten Ihnen unsere Experten auf unserer Webseite. oder logge dich ein mit: NetEnt ist einer der Marktführer im Bereich Casino-Spiele, Live-Casino-Software und virtuelle Casinos. Bereits seit 1996 werden von diesem schwedischen Unternehmen Produkte für die Verwendung in NetEnt Online-Casinos live, sowohl am heimischen Desktop-PC als auch auf mobilen Endgeräten, entwickelt und konnte sich erfolgreich einen Namen in der Branche mit seinen NetEnt Live Dealer Casinos erarbeiten.

  985. After uploading your image, click on the “Generate” button. The tool will process your image and apply animation effects to it, transforming it into a dynamic video. Use the Collage Maker to dive into creative storytelling! With fully customizable layouts and realistic filters, it’s easy to turn yourself, friends, or family into beloved comic book characters that act out dynamic scenes. Add even more personality to your printable comics with speech bubbles, frames, and text to bring your narrative to life. Preserve favorite memories in comic form and transform your everyday into something extraordinary in seconds. Wondershare Virbo is an animation generation tool based on AI digital human technology, focusing on AI-driven character animation, virtual hosts, and digital human video production. It is suitable for corporate promotion, online education, and short video creation. Users can input text or audio, and AI will automatically drive 3D digital humans to synchronize expressions and lip movements to generate professional-grade animated content.
    https://uttaravapeshop.com/dragon-vs-tiger-a-thrilling-online-casino-game-by-tadagaming-for-indian-players/
    AI Video – AI Video Generator People are more likely to engage, share, and comment on video content. Yes! You can monetize the videos created with VideoGPT on both YouTube and TikTok. Once you generate your videos, simply upload them to your channels and follow the respective platform’s monetization guidelines to start earning from your content. Happy creating! Create talking head videos with ready-to-use or your custom Avatars Create, edit, and repurpose your videos all in one place. VEED features a full range of video editing tools for creating professional-quality content. No need to navigate confusing and complicated software. Start with text-to-video or one of our customizable video templates. Combine and arrange visuals and sound with our intuitive drag-and-drop interface. Then, add images, animation, and captions to your video.

Leave a Reply

Back to top button