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Kenya: Govt Backs Out On Pledge to Redeem Portion of Eurobond By December 31

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Kenya: Govt Backs Out On Pledge to Redeem Portion of Eurobond By December 31

National Treasury Cabinet Secretary Njunguna Ndugu says the government has made a payment of Sh10.8 billion in interest on its $2 billion Eurobond, ditching its initial plan for a USD300 million buyback .

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Kenya: Govt Backs Out On Pledge to Redeem Portion of Eurobond By December 31

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Kenya: Govt Backs Out On Pledge to Redeem Portion of Eurobond By December 31

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