Stockbrokers at the Nairobi Securities Exchange. The M-Akiba bond will be listed on the NSE on April 11, setting the stage for it to start trading in the secondary market. PHOTO | FILE
Kenya is looking at modalities of reducing the cost of trading in the M-Akiba bond on the Nairobi Securities Exchange to boost the liquidity of the mobile-based debt instrument.
This comes after small and retail investors were offered the initial tranche of the Treasury bond amounting to Ksh150 million ($1.5 million) at discounted mobile money payment service fees, with no transaction costs.
