NCBA Investment Bank
NCBA Investment Bank
June 16, 2025 at 06:55 AM
*Interest on Eurobonds set to hit Sh85.14bn in new financial year* Interest paid on Kenyan Eurobonds is expected to rise by Sh11.5 billion to Sh85.4 billion in the new financial year starting July 1 on a costlier sovereign bond issued earlier this year. The debt service costs for the sovereign bonds are expected to rise from Sh73.8 billion in the current financial year, after the issuance of a new Sh193.9 billion ($1.5 billion) security in February at an interest rate of 9.5 percent. Source: Business Daily
Image from NCBA Investment Bank: *Interest on Eurobonds set to hit Sh85.14bn in new financial year* Int...

Comments