Kenya calms markets with $300m early Eurobond repayment
Friday November 10 2023
Kenyan President William Ruto (R) next to the Speaker of the National Assembly of Kenya Moses Wetangula (L) delivers the State of Nation address at the Kenyan Parliament in Nairobi, Kenya on November 9, 2023. PHOTO | AFP
Kenya will pay back part of the $2 billion (Ksh303 billion) Eurobond next month as it moves to calm a global financial market that has been jittery over the country’s ability to meet its obligations next June.
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