Government upgrades Eurobond issuance to restore credibility

2026-02-24 - 09:35

Kenya has successfully raised USD 2.25 billion through a dual-tranche Eurobond issuance, a carefully planned and strategic debt management operation which reflects renewed investor confidence in Kenya’s economic direction and signals that the reform measures undertaken by the Government are restoring credibility and stability in the global financial markets. This recent upgrade reflects reduced default...