M-Akiba bond lists on NSE as it misses Sh250 million target

National Treasury, Public Debt Management Office Director-General Wohoro Ndohho (centre), Nairobi Securities Exchange Chief Executive Geoffrey Odundo and his Central Depository and Settlement Corporation Ltd counterpart Rose Mambo at the listing of the first mobile-traded M-Akiba bond on the bourse floor in 2017. The bond was grossly undersubscribed. [File, Standard]

The National Treasury’s second listing of the M-Akiba infrastructure bond has begun trading at the Nairobi Securities Exchange (NSE) after falling short of the Sh250 million target.