Sauti Ya Bajeti - PFM Truth
February 27, 2025 at 08:07 PM
*Kenya’s $1.5B Eurobond: A Power Move or a Pricey Gamble?*
Kenya has just made a bold entrance onto the global financial stage, securing a *$1.5 billion Eurobond at 9.5% interest* —and investors couldn’t get enough! With demand soaring past *$5 billion,* the world is clearly betting big on Kenya’s economic future.
Fresh off the *2024 Eurobond repayment* , this strategic issuance aligns with the government’s mission to *smooth out debt maturities, manage liabilities, and keep the economy steady.* It’s a statement of strength, a declaration of resilience, and a calculated step in fueling the *Bottom-Up Economic Transformation Agenda (BETA).*
With global investors showing unwavering confidence, Kenya isn’t just borrowing—it’s shaping its financial destiny. But at *9.5%, will this be a masterstroke or a weighty price to pay?* The answer lies in the years ahead.
Source:
https://x.com/KeTreasury/status/1895059281742803175?t=5OSNtSgx2LSm7fV5oBBZwg&s=19
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