Ruto Govt Goes for 4 Unique Bonds to Diversify From Expensive Dollar Debt
Ruto is eying more flexible and less costly bonds as compared to conventional bonds.
Source: kenyans.co.ke
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Ruto is eying more flexible and less costly bonds as compared to conventional bonds.
The Yen-backed bond was announced a day after Kenya started the process of buying back the dollar-dominated Ksh321 billion Eurobond.
Ruto who witnessed the signing of the three MoUs said Japan is an important partner to Kenya.
National Treasury is also considering issuing a Japanese yen denominated bond.
ULAN BATOR, Mongolia, May 13, 2022 (GLOBE NEWSWIRE) -- Mongolian Prime Minister Oyunerdene Luvsannamsrai has instructed the Development Bank of Mongolia...