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The statement signed by the Treasury Cabinet Secretary further stated that the timely settlement of interests on Kenya's Eurobond sent a positive signal to investors.
Citi and Standard Bank were appointed in the public notice issued Sunday
Some experts have said that foreign investors may continue to avoid Nigeria into 2024 due to currency instability and other economic concerns
The payment would follow new loans, a move aimed at easing concerns that Kenya could default on the loan.
Yield on Kenya's inaugural 10-year Eurobond have almost tripled to 18.4 per cent