*Who Holds Kenya’s Domestic Debt?* As of 23rd May 2025, banking institutions remained the biggest lenders to the government, holding 45% of total domestic debt. Pension funds followed at 29%, while insurance firms, parastatals, and other investors held the rest. The composition has remained largely unchanged in 2025, showing continued dominance by banks and pension funds in government securities. Source: https://www.centralbank.go.ke/uploads/weekly_bulletin/540352304_Weekly%20CBK%20Bulletin%20May%2030,%202025.pdf