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Forum => Kenya Discussion => Topic started by: Higgins the genius on June 26, 2023, 01:28:04 PM

Title: Government to redeem half of Eurobond this year.
Post by: Higgins the genius on June 26, 2023, 01:28:04 PM

https://www.businessdailyafrica.com/bd/economy/treasury-plots-to-dodge-sh280bn-eurobond-bullet-payment-4283534 (https://www.businessdailyafrica.com/bd/economy/treasury-plots-to-dodge-sh280bn-eurobond-bullet-payment-4283534)

Title: Re: Government to redeem half of Eurobond this year.
Post by: RV Pundit on June 26, 2023, 03:19:51 PM

Why not wait and see how global economy will look
Doesnt look like prudent way to use dollars.

Title: Re: Government to redeem half of Eurobond this year.
Post by: Higgins the genius on June 27, 2023, 09:44:21 AM

Quote from: RV Pundit on June 26, 2023, 03:19:51 PM

Why not wait and see how global economy will look
Doesnt look like prudent way to use dollars.

I think they want to avoid paying a Lumpsum when it Matures Next year.