Eurobond was a win-win deal for Treasury and investors, says CS Henry Rotich

Treasury cabinet secretary Henry Rotich. [PHOTO: BEVERLYNE MUSILI/STANDARD]

Nairobi, Kenya: Unprovoked attacks on innocent Kenyans and rising political intolerance in recent weeks and months have cast a gloomy cloud across Kenya. Positive stories have been hidden in an avalanche of terrorist attacks and heated verbal exchanges across the political divide.

One such story is the scramble for an opportunity to invest in Kenya by American and European investors through the Eurobond floated by Kenya last week. The over-subscription to the bond was a major image and confidence boost for this country.