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Author Topic: Investors shun Govt bonds ..default loading  (Read 1057 times)

Offline KenyanPlato

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Investors shun Govt bonds ..default loading
« on: July 06, 2024, 01:12:30 PM »
https://www.mwakilishi.com/article/business-news/2024-07-05/treasury-bond-auction-falls-short-as-cbk-collects-only-sh-488m-of?cid=h

Offline gout

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Re: Investors shun Govt bonds ..default loading
« Reply #1 on: July 06, 2024, 01:18:31 PM »
The default already happened. Banks who hold the domestic debt are just biting the bullet. 

The economy could not afford such madness but the clueless globalist just kept digging in.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine
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